What may be funded from a risk budget?

• A.Corrections required due to off-specifications
• B.Impact analysis of requests for change
• C.Implementation of a fallback plan
• D.Preparation of the risk management approach

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What is an advantage of applying the 'learn from experience' principle?

• A.It allows the project board to delegate cost tolerances to the project manager
• B.It allows the project team to fully understand their roles and responsibilities
• C.It allows the project manager to delegate time tolerances to the team managers
• D.It allows the project team to identify improvements to be made during the project

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Which project management team member represents the interest of those who will operate the project's products to realize the benefits after the project is complete?

• A.Senior Supplier
• B.Executive
• C.Senior User
• D.Project Manager

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Why is it necessary to apply the 'defined roles and responsibilities' principle?

• A.Because the people involved in a project should know what is expected of them
• B.Because the project management team should be cross-functional
• C.Because the user and supplier interests should be involved on a need-to-know basis
• D.Because the project manager should represent all the stakeholders of the project

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Which characteristic distinguishes a project from regular business operations?

• A.Produces benefits
• B.Manages stakeholders
• C.Incurs cost
• D.Introduces business change

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