CIPS L4M2 Q&A - in .pdf

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  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
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Ich denke, Sie sind ein Engländer, Gott sei Dank!

NEW QUESTION: 1
Which three authorizations allow you to execute db2pd? (Choose three.)
A. SYSCTRL authority level
B. SYSMON authority level
C. SYSADM authority level
D. SYSPERF authority level
E. SECADM authority level
Answer: A,B,C

NEW QUESTION: 2
Which one of the four following statements regarding minimum loss data standards is not correct?
A. The loss data entry should only include the date when the event was reported.
B. The loss data entry must include the actual loss amount.
C. The loss data program must comprehensively capture all material activities.
D. The loss data entry may include descriptive information about the drivers or causes of the loss event.
Answer: A

NEW QUESTION: 3
Nadir wants to add JavaScript to the company Web site. He wants to reference the value that is entered into the following form field: <FORM NAME="hrsForm"> <INPUT TYPE="text" NAME="myName"> </FORM> Which line of JavaScript code should Nadir use to refer to the value in the form field?
A. document.hrsForm.myName.value;
B. document.hrsForm[0]. myName [0].value;
C. document.hrs[0].myName [0].value;
D. document.form[0].element[0].value;
Answer: A

NEW QUESTION: 4
Which of the following risk responses include feedback and guidance from well-qualified risk officials and those internal to the project?
A. Contingent response strategy
B. Risk Acceptance
C. Expert judgment
D. Risk transfer
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Expert judgment is utilized in developing risk responses, including feedback and guidance from risk management experts and those internal to the project qualified to provide assistance in this process.
Expert judgment is a technique based on a set of criteria that has been acquired in a specific knowledge area or product area. It is obtained when the project manager or project team requires specialized knowledge that they do not possess. Expert judgment involves people most familiar with the work of creating estimates. Preferably, the project team member who will be doing the task should complete the estimates. Expert judgment is applied when performing administrative closure activities, and experts should ensure the project or phase closure is performed to the appropriate standards.
Incorrect Answers:
A: Contingent response strategy, also known as contingency planning, involves adopting alternatives to deal with the risks in case of their occurrence. Unlike the mitigation planning in which mitigation looks to reduce the probability of the risk and its impact, contingency planning doesn't necessarily attempt to reduce the probability of a risk event or its impacts. Contingency comes into action when the risk event actually occurs.
B: Risk acceptance means that no action is taken relative to a particular risk; loss is accepted if it occurs. If an enterprise adopts a risk acceptance, it should carefully consider who can accept the risk. Risk should be accepted only by senior management in relationship with senior management and the board. There are two alternatives to the acceptance strategy, passive and active.
Passive acceptance means that enterprise has made no plan to avoid or mitigate the risk but willing to

accept the consequences of the risk.
Active acceptance is the second strategy and might include developing contingency plans and reserves

to deal with risks.
D: Risk transfer means that impact of risk is reduced by transferring or otherwise sharing a portion of the risk with an external organization or another internal entity. Transfer of risk can occur in many forms but is most effective when dealing with financial risks. Insurance is one form of risk transfer.

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