CAPM (Certified Associate in Project Management) Practice Exam

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What does risk audit assess?

  1. Budget effectiveness

  2. Risk anticipation, response effectiveness, strategy efficiency in reducing risk probability

  3. Technical achievements

  4. Remaining contingency reserves

The correct answer is: Risk anticipation, response effectiveness, strategy efficiency in reducing risk probability

Risk audit assesses risk anticipation, response effectiveness, and strategy efficiency in reducing risk probability. This involves identifying potential risks, evaluating the effectiveness of the actions taken to address or mitigate those risks, and assessing the overall efficiency of the risk management strategy. Therefore, A, C, and D are incorrect because they do not pertain to the purpose of a risk audit.

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