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CIPS Project and Change Management Sample Questions:

1. _____ involves deining which risks are likely to affect a project and documenting the characteristics of each.

A) Planning risk management
B) Performing qualitative risk analysis
C) Identifying risks
D) Performing quantitative risk analysis

2. The first step in deining the NPV is to _____.

A) calculate the net present value
B) deine the estimated costs and benefits for the life of the project and the products it produces
C) deine the cash flow
D) deine the discount rate

3. In which of the following contracts does the buyer pay the supplier for allowable performance costs along with a predeined percentage based on total costs?

A) FPIF
B) CPAF
C) CPPC
D) CPIF

4. The bottom four needs in Maslow's structure are referred to as _____ needs.

A) growth
B) self-actualization
C) deficiency
D) safety

5. _____ includes the processes required to ensure that a project team completes a project within an approved budget.

A) Project scope management
B) Project cost management
C) Project quality management
D) Project time management

Solutions: