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CIPS L3M4 exam
  • Exam Code: L3M4
  • Exam Name: Team Dynamics and Change
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?
A. Transference
B. Mitigation
C. Sharing
D. Acceptance
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
Teaming agreements are often used in the sharing risk response through joint ventures to realize an opportunity that an organization would not be able to seize otherwise.
Sharing response is where two or more entities share a positive risk. Risk sharing deals with sharing of responsibility and accountability with others to facilitate the team with the best chance of seizing the opportunity. Teaming agreements are good example of sharing the reward that comes from the risk of the opportunity.
Answer option A is incorrect. Mitigation is a negative risk response to lower the probability and/or impact of a risk event.
Answer option B is incorrect. Transference is a negative risk response where the project manager hires a third party to own the risk event. The risk ownership is transferred to the third party.
Answer option D is incorrect. Acceptance is a risk response that is appropriate for positive or negative risk events. It does not pursue the risk, but documents the event and allows the risk to happen. Often acceptance is used for low probability and low impact risk events.
Reference: "Project Management Body of Knowledge (PMBOK Guide)"
Chapter: Quality and Risk Management
Objective: Risk Modeling and Response

NEW QUESTION: 2
Five internal control components are:
A. Control environment, Risk Prioritization, Control activities, Information and communication & Monitoring
B. Control environment, Risk Prioritization, Control activities, Information and communication & Monitoring
C. Control environment, Risk assessment, Control activities, Information and communication & Monitoring
D. Control environment, Risk assessment, and Operational control, Information and communication & Monitoring
Answer: C

NEW QUESTION: 3
Which of the following storage technologies provides block-level data access to storage volumes and arrays? (Choose two.)
A. CIFS
B. DAS
C. Optical drive
D. NAS
E. NFS
F. SAN
Answer: B,F

NEW QUESTION: 4
DRAG DROP
You are preparing an image of Windows Server 2016.
The image is missing the driver foe a network adapter that is required in your environment.
You need to ensure that the image contains the network adapter driver.
Which three cmdlets should you use in sequence? To answer, move the appropriate cmdlets from the list of cmdlets to the answer area and arrange them m the correct order.

Answer:
Explanation:


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