CLMS CERTIFICATION EXAM 2024 ACTUAL EXAM
COMPLETE EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS / ALREADY GRADED A+
Why is it important to collaborate with contractors on risk management (RM)? -
ANSWER: Most issues begin with the contractor, so it is essential for the government
to prevent risks (NOT)
Which of the following are typical sources of framing assumptions (FAs)? (Select all
that apply.) - ANSWER: -Technological and engineering challenges
-Interdependencies with other programs
-Cost, schedule, and requirements tradeoffs
During which phase should you be building and maintaining robust stakeholder
relationships and ensuring horizontal and vertical communications? - ANSWER: MSA,
TMRR, EMD
What would be the appropriate corrective action for the following issue: One of the
orders for materials is going to run 75% over budget because the order will have to
be shipped by air to meet schedule requirements. The budgeting team may be able
to find funds from other sources. - ANSWER: Transfer
Which of the following is a responsibility of the Integrated Product Team (IPT) during
the risk management (RM) process? - ANSWER: Coordinate RM efforts for risks
affecting multiple IPTs.
What is the main differences between a risk and an opportunity? - ANSWER: Risks
have a negative consequence, while opportunities requires creating additional tasks.
A Monte Carlo simulation reports a 75% chance that the prototyping tasks
associated with a new Doppler-based wind measuring technology will be delayed 17
business days due to supply shortages of two key pieces of equipment. Based on the
likelihood and consequence table, which of the following represents the appropriate
location on the risk matrix? - ANSWER: L = 4; C = 2
During Technology Maturation and Risk Reduction (TMRR), the goal is to primarily
reduce which types of risk? (Select all that apply.) - ANSWER: -Technology
-Integration
-Engineering
Based on the results of a simulation, there is a 70% chance that the project will end
two weeks behind schedule. Using the table provided, what would the cumulative
schedule risk be, based on a two-week schedule delay? - ANSWER: Probability 4;
Schedule Impact 2
, Which of the following is the difference between a risk and an issue? - ANSWER: A
risk is the potential of occurring; and issue has occurred or is certain to occur.
Which of the following is a critical success factor to ensure effective risk
management (RM)? - ANSWER: -Program Risk Process (PRP) Document
Who may write the Program Risk Process (PRP) Document? - ANSWER: The program
manager (PM) or a dedicated risk manager
The following describes which type of category of risk: Certification for a new
weapons system is scheduled for January. The test is dependent on temperatures
below freezing. If the temperature is too warm, the system cannot be certified. -
ANSWER: Business
Your program is developing a piece of equipment that require a seismograph to
identify and track low ground vibrations within a specific range. You need to
understand how well the design and manufacturing process will be able to meet the
performance goals. Which tool will provide that information? - ANSWER:
Performance risk analysis (PRA)
Your program is planning on visiting a cooperating country to conduct an
information-sharing event with military counterparts. While the government is
strategically allied with U.S. interests, popular opposition to U.S. policies has been
growing in strength and has turned to increasingly violent demonstrations on the
streets. Which risk mitigation technique should you choose for this security risk? -
ANSWER: Avoidance
Within a program, which of the following entities is responsible for ensuring the risk
management (RM) process is executed according to the Program Risk Process (PRP)
Document? - ANSWER: Risk Management Board (RMB)
A shortage of steel has caused a delay in one of the tasks until the material is
available. The original plan estimated the material to be available in 6 weeks, but the
shortage continues. What would be an appropriate step to tracking and managing
this issue? - ANSWER: -Adjust the corrective action plan and issue level as warranted
Monte Carlo simulations use computational algorithms to simulate the behavior of
various systems in a nondeterministic manner. Why are these "nondeterministic"
results important to program schedule analysis? - ANSWER: Because there are one
or more points in the simulation where a choice is made between different paths,
without any specific guidance on which one will be chosen
Which of the following is a good example of a framing assumption (FA)? - ANSWER:
The ballistic missile program will achieve Initial Operational Capability (IOC) in time
to use the systems procured by this program
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