CAPM (Certified Associate in Project Management) Practice Exam

What is the purpose of the risk data quality assessment?

1. To evaluate the degree to which the risk data is useful for risk management

2. To categorize the risk into different levels

3. To assess the urgency of the risk

4. To update the risk register

The correct answer is: To evaluate the degree to which the risk data is useful for risk management

The purpose of the risk data quality assessment is to evaluate the degree to which the risk data is useful for risk management. This process helps project managers and teams understand the reliability, accuracy, and relevance of the risk data collected. It ensures that the information used for risk management is of high quality, enabling better decision-making and effective mitigation strategies. Option B, C, and D are incorrect because they do not accurately reflect the primary purpose of conducting a risk data quality assessment.