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!

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What are the components of a Risk Management Plan?

  1. Risk Categories, Budgeting, Timing, Reporting Formats

  2. Project Schedule, Risk Register, Quality Management Plan

  3. Project Scope Statement, Resource Calendars, Stakeholder List

  4. Project Charter, Activity Duration Estimates, Network Diagrams

The correct answer is: Risk Categories, Budgeting, Timing, Reporting Formats

The components of a Risk Management Plan typically include Risk Categories, Budgeting, Timing, and Reporting Formats. Option B includes Project Schedule and Quality Management Plan, which are not specific components of a Risk Management Plan. Option C lists Project Scope Statement, Resource Calendars, and Stakeholder List, which are not specific components of a Risk Management Plan. Option D contains Project Charter, Activity Duration Estimates, and Network Diagrams, which are also not specific components of a Risk Management Plan. Therefore, the correct answer is A because it includes the key components that are essential for a comprehensive Risk Management Plan.