PMI Agile Certified Practitioner (ACP) Practice Exam

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Prepare for the PMI Agile Certified Practitioner Exam with multiple choice questions and flashcards. Each question includes explanations to help you gear up for your test!

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Which of the following best describes risk in a project setting?

  1. A specific event that will definitely happen

  2. An uncertainty that has the potential to impact project outcomes

  3. A minor factor often disregarded

  4. A fixed component of project planning

The correct answer is: An uncertainty that has the potential to impact project outcomes

In a project setting, risk is best understood as an uncertainty that has the potential to impact project outcomes. This encompasses both negative and positive impacts, meaning that risks can be threats or opportunities. Recognizing risk as uncertainty allows project managers to proactively identify, analyze, and respond to potential issues that could affect project goals, timelines, or budgets. By viewing risk in this way, project teams can implement strategies to mitigate negative impacts or take advantage of potential opportunities. This understanding is crucial in Agile environments, where adaptability and responsiveness to change are key to project success. Additionally, risk is not considered a fixed element; rather, it is dynamic and can evolve throughout the life cycle of the project, requiring continuous assessment and adjustment.

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