CAPM (Certified Associate in Project Management) Practice Exam

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Study for the Certified Associate in Project Management Exam with practice questions and answers. Enhance your understanding of project management principles and strategies to excel in the exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What are opportunities in project management?

  1. Risk events or conditions that are unfavorable to a project

  2. Unplanned responses to risks

  3. Risk events or conditions that are favorable to a project

  4. New risk introduced as a result of the risk response

The correct answer is: Risk events or conditions that are favorable to a project

Opportunities in project management are risk events or conditions that are favorable to a project. This means that they have a positive impact on the project and can help to achieve project goals. Option A, risk events or conditions that are unfavorable to a project, would be considered threats in project management. Option B, unplanned responses to risks, refers to contingency plans put in place to minimize the impact of risks, not the actual opportunities themselves. Option D, new risk introduced as a result of the risk response, is also incorrect as it refers to the potential for new risks to arise as a result of implementing a risk response plan. It does not describe the actual opportunities that may arise. Thus, the correct answer is C, as it accurately describes opportunities in project management as positive risk events or conditions that benefit a project.