QUESTION: 1 Exam Topic 1: Volume A

When considering risks, which describes an opportunity in a project?

An uncertain event that could have a negative impact on objectives
An uncertain event that could have a favourable impact on objectives
An event that has occurred resulting in a negative impact on objectives
An event that has occurred resulting in a favourable impact on objectives

Answer(s): B

QUESTION: 2 Exam Topic 1: Volume A

Which of the following statements about lines of authority and reporting are true?
1. The Project Manager has day-to-day control for a management stage within the limits laid,
2. If a Team Manager forecasts a deviation beyond Work Package tolerances, this should be referred to the Project Manager down by the Project Board.