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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If the Project Board instructs the Project Manager to implement a request for change, which document would contain details of that change?

• A.Checkpoint Report
• B.Highlight Report
• C.Issue Report
• D.Product Status Account

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What must be produced to meet the minimum requirements when applying the change theme?

• A.A change budget for the analysis of change
• B.Records of the decisions made on all issues
• C.Documents recording the version of each product
• D.Status reports on all products being produced

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Which is a purpose of the 'identify the risks' step within the recommended risk management procedure?

• A.To identify responses to risks documented in the business case
• B.To identify information about the project environment and objectives
• C.To identify the roles to be involved in risk management activities
• D.To identify uncertainties that may impact on the delivery of the project objectives

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Identify the missing words in the following sentence. A Change Authority may be given a [?] to enable it to finance new requirements.

• A.change budget
• B.scope tolerance
• C.cost tolerance
• D.risk budget

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