CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM exam with our comprehensive quiz that includes engaging questions, detailed explanations, and ample practice resources to help you succeed.

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What is the primary purpose of the Identify Risks process?

To evaluate the impact of identified risks
To ensure all risks are responded to
To collect information on potential risks from stakeholders
To determine the risk tolerance of the stakeholders

The correct answer is: To collect information on potential risks from stakeholders

Collecting information on potential risks from stakeholders is the primary purpose of the Identify Risks process. This process involves identifying, analyzing, and prioritizing potential risks that may affect the project. Option A is incorrect because evaluating the impact of identified risks is part of the Perform Qualitative and Quantitative Risk Analysis process. Option B is also incorrect because the focus of this process is not on ensuring all risks are responded to, but rather on identifying them. Option D is incorrect because determining the risk tolerance of stakeholders is done in the Plan Risk Management process, not in the Identify Risks process.