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CIPS Project and Change Management Sample Questions (Q119-Q124):

NEW QUESTION # 119
_____ involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.

A. Estimating costs
B. Deining the budget
C. Finalizing policies for project costs
D. Controlling costs

Answer: B

NEW QUESTION # 120
The _____ technique for creating a WBS uses branches radiating from a core idea to structure thoughts and ideas instead of writing down tasks in a list or immediately trying to create a structure for tasks.

A. top-down
B. analogy
C. mind mapping
D. bottom-up

Answer: C

NEW QUESTION # 121
One possible response to managing negative risk is to accept the potential effects from the risk.

A. False
B. True

Answer: B

NEW QUESTION # 122
A _____ person achieves a balance between risk and payoff.

A. risk-seeking
B. risk-averse
C. risk-neutral
D. risk-fearing

Answer: C

NEW QUESTION # 123
The closing procurements process involves updating records to reflect final results and archiving information for future use.

A. False
B. True

Answer: B

NEW QUESTION # 124
......

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