Achieve Remarkable Results in the PMI-RMP Exam with Reliable Study Materials

Question #1

What risk identification technique allows participants to identify the project risks and to remain anonymous?

A. nfluence diagrams

B. ssumptions analysis

C. urveys

D. elphi technique

View answer

Correct Answer: D

Question #2

Frank is a project team member in your project. Frank has been adding changes to the software interface for the software that your project is creating. Because Frank has been adding these features new risks have entered into the project. You elect that these additions should be removed from the project even if it takes extra time and money to remove the features. What are these riskladen features called?

A. old plating

B. cope creep

C. egative risks

D. orrective actions

View answer

Correct Answer: B

Question #3

You are the project manager for BlueWell Inc. You are reviewing the risk register for your project. The risk register provides much information to you, the project manager and to the project team during the risk response planning. All of the following are included in the risk register except for which item?

A. etwork diagram analysis of critical path activities

B. ymptoms and warning signs of risks

C. ist of potential risk responses

D. rends in qualitative risk analysis results

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Correct Answer: A

Question #4

You are the project manager of the NGH project for your organization. You want to create a causeand- effect diagram to help discover the root causes of the risks within the project. Harold, the CIO, recommends that you create an Ishikawa diagram instead. What is an Ishikawa diagram?

A. t is a graphical representation of situations showing causal influences

B. t is the same thing as a root cause diagram

C. t shows how various elements of a system interrelate

D. t diagrams the risks according to the work breakdown structure including resources

View answer

Correct Answer: B

Question #5

Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope change request for additional deliverables as part of the project work. What component of the change control system would review the proposed changes' impact on the features and functions of the project's product?

A. cope change control system

B. ost change control system

C. onfiguration management system

D. ntegrated change control

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Correct Answer: C

Question #6

Where can a project manager find risk-rating rules?

A. isk management plan

B. rganizational process assets

C. nterprise environmental factors

D. isk probability and impact matrix

View answer

Correct Answer: B

Question #7

You are the project manager of the NKQ project for your organization. You have completed the quantitative risk analysis process for this portion of the project. What is the only output of the quantitative risk analysis process?

A. robability of reaching project objectives

B. isk register updates

C. isk response

D. isk contingency reserve

View answer

Correct Answer: B

Question #8

You are the project manager of a large construction project. This project will last for 18 months and will cost $750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins. Management wants to know why you have scheduled so many risk identification meetings throughout the project rather than just initially during the project planning. What is the best reason for the duplicate risk identification sessions?

A. he iterative meetings allow the project manager and the risk identification participants to identify newly discovered risk events throughout the project

B. he iterative meetings allow all stakeholders to participate in the risk identification processes throughout the project phases

C. he iterative meetings allow the project manager to discuss the risk events which have passed the project and which did not happen

D. he iterative meetings allow the project manager to communicate pending risks events during project execution

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Correct Answer: A

Question #9

Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?

A. nhance

B. ransference

C. hare

D. cceptance

View answer

Correct Answer: D

Question #10

Joyce is the project manager for her company. Joyce and her project team are working through the quantitative analysis for certain risk events within her project. According to the enterprise environmental factors the project manager is to perform sensitivity analysis on any risk with an impact greater than $5,000 in the project. What is the sensitivity analysis?

A. t determines which risk events have the most potential impact on the project

B. t uses round of anonymous surveys to predict which events are most likely to happen

C. t uses rounds of anonymous surveys to predict probability and impact

D. t determines possible combinations of risk events to predict overall project success, failure, or probability of achieving project objectives

View answer

Correct Answer: A

Question #11

There are five outputs of the risk monitoring and controlling process. Which one of the following is NOT an output of the process?

A. rganizational process assets updates

B. isk register updates

C. endor contracts

D. hange requests

View answer

Correct Answer: C

Question #12

Gary is the project manager of the MMQ project for his company. He is working with his project team to plan the risk responses for his project. Sarah, a project team member, does not understand the process that Gary is using to plan the risk responses. Which approach is the preferred method to address project risks and the risk responses?

A. isks in the project should be addressed by their probability for creating risk responses

B. isks in the project should be addressed by the organization's risk tolerance for creating risk responses

C. isks in the project should be addressed by their impact for creating risk responses

D. isks in the project should be addressed by their priority for creating risk responses

View answer

Correct Answer: D

Question #13

Sam is the project manager of a construction project in south Florida. This area of the United States is prone to hurricanes during certain parts of the year. As part of the project plan Sam and the project team acknowledge the possibility of hurricanes and the damage the hurricane could have on the project's deliverables, the schedule of the project, and the overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of the hurricane they go on planning the project as if the ris

A. ctive acceptance

B. assive acceptance

C. voidance

D. itigation

View answer

Correct Answer: B

Question #14

You are the project manager for the TTR project. You are in the process of gathering information for risk identification. You ask experts to participate in the process through their emails for maintaining anonymity. You collect the responses, summarize them, and are then re-circulated to the experts for further comment. Which of the following techniques are you using for risk identification?

A. elphi

B. xpert judgment

C. WOT analysis

D. rainstorming

View answer

Correct Answer: A

Question #15

Jeff, a key stakeholder in your project, wants to know how the risk exposure for the risk events is calculated during quantitative risk analysis. He is worried about the risk exposure which is too low for the events surrounding his project requirements. How is the risk exposure calculated?

A. he risk exposure of a risk event is determined by historical information

B. he probability of a risk event times the impact of a risk event determines the true risk exposure

C. he probability of a risk event plus the impact of a risk event determines the true risk exposure

D. he probability and impact of a risk event are gauged based on research and in-depth analysis

View answer

Correct Answer: B

Question #16

Beth is the project manager of the BFG Project for her company. In this project Beth has decided to create a contingency response based on the performance of the project schedule. If the project schedule variance is greater than $10,000 the contingency plan will be implemented. What is the formula for the schedule variance?

A. V=EV/PV

B. V=PV-EV

C. V=EV/AC

D. V=EV-PV

View answer

Correct Answer: D

Question #17

You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing communication with the key stakeholders in your project. In this process of stakeholder analysis, what type of a grid or model should you create based on these conditions?

A. takeholder power/interest grid

B. nfluence/impact grid

C. alience model

D. takeholder register

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Correct Answer: A

Question #18

Adrian is a project manager for a new project using a technology that has recently been released and there's relatively little information about the technology. Initial testing of the technology makes the use of it look promising, but there's still uncertainty as to the longevity and reliability of the technology. Adrian wants to consider the technology factors a risk for her project. Where should she document the risks associated with this technology so she can track the risk status and responses?

A. isk register

B. isk low-level watch list

C. roject scope statement

D. roject charter

View answer

Correct Answer: A

Question #19

You are the project manager for a construction project. The project includes a work that involves very high financial risks. You decide to insure processes so that any ill happening can be compensated. Which type of strategies have you used to deal with the risks involved with that particular work?

A. itigate

B. void

C. ccept

D. ransfer

View answer

Correct Answer: D

Question #20

You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new material

A. eam development

B. enchmarking

C. ost of conformance to quality

D. ost-benefits analysis

View answer

Correct Answer: C

Question #21

There are four inputs to the Monitoring and Controlling Project Risks process. Which one of the following will NOT help you, the project manager, to prepare for risk monitoring and controlling?

A. ork Performance Information

B. roject management plan

C. isk register

D. hange requests

View answer

Correct Answer: D

Question #22

The project manager is implementing a computer interface to facilitate communications between two ticketing systems for two major companies in the IT industry.During the Plan Risk Response process, the project team agrees on the contingency plan that should mitigate the negative impact of the risk. However, during the project execution, one of the subject matter experts identifies a residual risk that was not taken into consideration during the risk response planning session, but could potentially affect th

A. Increase the management reserve

B. Analyze this risk and update the risk register

C. Accept the risk, since it is minor

D. Reject the risk, since the risk plan will take care of all the risks

View answer

Correct Answer: B

Question #23

You are working with Anna on your project to determine and map the probability distributions of risk within the project. You have indicated that you will use the uniform distribution method for a portion of the project. Which part of your project is most likely to have a uniform risk distribution?

A. ate completion stages of a project

B. roject phases that deal with "cutover" technologies

C. arly concept stage of design

D. roject initiating

View answer

Correct Answer: C

Question #24

You are the project manager of the NHH project for your company. You have completed the first round of risk management planning and have created four outputs of the risk response planning process. Which one of the following is NOT an output of the risk response planning?

A. isk register updates

B. rganizational process assets updates

C. roject document updates

D. isk-related contract decisions

View answer

Correct Answer: B

Question #25

You are the project manager of the GYH project for your organization. Management has asked you to begin identifying risks and to use an information gathering technique. Which one of the following risk identification approaches is an information gathering technique?

A. oot cause analysis

B. ssumptions analysis

C. WOT analysis

D. ocumentation reviews

View answer

Correct Answer: A

Question #26

You work as a project manager for BlueWell Inc. You have to communicate the causes of risk events to the stakeholders. Which risk diagramming technique you will use to communicate the causes of risk events to project stakeholders?

A. roject scope statement

B. isk management plan

C. isk register

D. takeholder register

View answer

Correct Answer: C

Question #27

Tom is the project manager for his organization. In his project he has recently finished the risk response planning. He tells his manager that he will now need to update the cost and schedule baselines. Why would the risk response planning cause Tom the need to update the cost and schedule baselines?

A. ew or omitted work as part of a risk response can cause changes to the cost and/or schedule baseline

B. isk responses protect the time and investment of the project

C. isk responses may take time and money to implement

D. aselines should not be updated, but refined through versions

View answer

Correct Answer: A

Question #28

Gary is the project manager for his organization. He is working with the project stakeholders on the project requirements and how risks may affect their project. One of the stakeholders is confused about what constitutes risks in the project. Which of the following is the most accurate definition of a project risk?

A. t is an uncertain event that can affect the project costs

B. t is an uncertain event or condition within the project execution

C. t is an uncertain event that can affect at least one project objective

D. t is an unknown event that can affect the project scope

View answer

Correct Answer: C

Question #29

You are the project manager for your company and a new change request has been approved for your project. This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project. You elect to create a mitigation response for the identified risk events. Where will you record the mitigation response?

A. isk register

B. isk log

C. isk management plan

D. roject management plan

View answer

Correct Answer: A

Question #30

Rex is the project manager of the BDF Project. This project will last for two years and has a budget of $2,345,000. Management has instructed Rex that the project must not go over budget as funds are very tight in the organization. During the project planning Rex and the project team discover a positive risk event to save $75,000. Rex wants to make certain that this risk event happens so which risk response method is most appropriate?

A. hare

B. itigation

C. xploit

D. nhance

View answer

Correct Answer: C

Question #31

You are the project manager of the CUL project in your organization. You and the project team are assessing the risk events and creating a probability and impact matrix for the identified risks. Which one of the following statements best describes the requirements for the data type used in qualitative risk analysis?

A. qualitative risk analysis requires fast and simple data to complete the analysis

B. qualitative risk analysis requires accurate and unbiased data if it is to be credible

C. qualitative risk analysis encourages biased data to reveal risk tolerances

D. qualitative risk analysis required unbiased stakeholders with biased risk tolerances

View answer

Correct Answer: B

Question #32

A new resource is added to the project team from a matrix organization. How should the project's risk manager familiarize the new team member with the project's risk management process?

A. he functional manager is responsible for providing the training

B. rovide project specific risk training and mentor through the risk process

C. end the new team member the risk management plan to read

D. rovide the new team member with a copy of the risk register and latest status report

View answer

Correct Answer: C

Question #33

Your project spans the entire organization. You would like to assess the risk of the project but are worried that some of the managers involved in the project could affect the outcome of any risk identification meeting. Your worry is based on the fact that some employees would not want to publicly identify risk events that could make their supervisors look bad. You would like a method that would allow participants to anonymously identify risk events. What risk identification method could you use?

A. elphi technique

B. solated pilot groups

C. WOT analysis

D. oot cause analysis

View answer

Correct Answer: A

Question #34

You work as a project manager for SoftTech Inc. You have implemented the risk action plan and it was not effective. What type of plan should you as a project manager will create for implementation if a selected risk strategy fails to be fully effective?

A. itigation management plan

B. itigation plan

C. allback plan

D. isk response plan

View answer

Correct Answer: C

Question #35

Frank is the project manager of the NHL Project for his company and he is starting the risk identification process for the project. Frank needs to ensure that the correct stakeholders are interviewed as part of risk identification. What document will help Frank to communicate and solicit inputs of the project stakeholders during risk identification?

A. roject charter

B. isk register

C. equirements management plan

D. takeholder register

View answer

Correct Answer: D

Question #36

Sensitivity analysis is a technique for systematically changing parameters in a model to determine the effects of such changes and is useful for computer modelers for a range of purposes. Which of the following purposes does the sensitivity analysis include? Each correct answer represents a complete solution. Choose all that apply.

A. haring

B. xploiting

C. ransference

D. nhancing

View answer

Correct Answer: BCD

Question #37

Holly is the project manager of the NSS Project for her company. She is discussing some of the project risks and the issues that have happened in the project. Holly has faxed the status report to her project client for their review. Based on the standard communication model, which component in this scenario is the decoder?

A. roject customer

B. elephone wire

C. olly

D. roject customer's fax machine

View answer

Correct Answer: D

Question #38

The risk transference is referred to the transfer of risks to a third party, usually for a fee, it creates a contractual-relationship for the third party to manage the risk on behalf of the performing organization. Which one of the following is NOT an example of the transference risk response?

A. se of insurance

B. arranties

C. ife cycle costing

D. erformance bonds

View answer

Correct Answer: C

Question #39

You are the project manager of the GHY project. In your organization you must follow certain enterprise environmental factors that establish the rules for risk management . One of the policies your project must adhere to requires periodic rapid analysis of risks within the project. These rapid, cost-effective session must be documented and performed monthly. What type of analysis are you required to perform according to your enterprise environmental factors?

A. rainstorming

B. ualitative analysis

C. elphi Technique

D. uantitative analysis

View answer

Correct Answer: B

Question #40

The Identify Risk process determines the risks that affect the project and document their characteristics. Why should the project team members be involved in the Identify Risk process?

A. hey are the individuals that will need a sense of ownership and responsibility for the risk events

B. hey are the individuals that will have the best responses for identified risks events within the project

C. hey are the individuals that are most affected by the risk events

D. hey are the individuals that will most likely cause and respond to the risk events

View answer

Correct Answer: A

Question #41

You work as a project manager for BlueWell Inc. Your project is running late and you must respond to the risk. Which risk response can you choose that will also cause you to update the human resource management plan?

A. eaming agreements

B. ransference

C. rashing the project

D. ast tracking the project

View answer

Correct Answer: C

Question #42

What approach can a project manager use to improve the project's performance during qualitative risk analysis?

A. ocus on near-term risks first

B. reate a risk breakdown structure and delegate the risk analysis to the appropriate project team members

C. ocus on high-priority risks

D. nalyze as many risks as possible regardless of who initiated the risk event

View answer

Correct Answer: C

Question #43

You are the project manager of the NHH Project for your company and you have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. Now, you would like to assign risk owners to the events. Which risk events should have risk response owners?

A. roject network diagrams

B. rocess flow charts

C. shikawa diagrams

D. nfluence diagrams

View answer

Correct Answer: B

Question #44

Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?

A. WOT Analysis

B. xpert Judgment

C. elphi

D. rainstorming

View answer

Correct Answer: A

Question #45

You are the project manager of the GHG project for your company. You have identified the project risks, completed qualitative and quantitative analysis, and created risk responses. You also need to document how and when risk audits will be performed in the project. Where will you define the frequency of risk audits?

A. isk response plan

B. uality management plan

C. isk management plan

D. chedule management plan

View answer

Correct Answer: C

Question #46

Your organization, as part of its enterprise environmental factors, has established risk governance to be implemented in each project. Part of this governance is the reassessment of risks within each project. How much detail and repetition in approach for risks to be reassessed for probability and impact?

A. ach risk reassessment should go into the same depth as the original risk assessment activity

B. he probability and impact of risk event should determine the level of reassessment throughout the project lifecycle

C. he amount of detail of repetition that is appropriate depends on how the project progresses relative to its objectives

D. he level of detail and reassessment should reflect the priority of the project

View answer

Correct Answer: C

Question #47

Nancy is the project manager of a project with 78 stakeholders. This is a high-profile project and she needs to express to her project team and to the management the importance of communication in this project. She would like to show the number of stakeholder communication channels in the project. Based on this information how many communication channels exist within this project?

A. 56

B. ,003

C. 8

D. ,084

View answer

Correct Answer: B

Question #48

You work as a project manager for BlueWell Inc. Management has asked you to work with the key project stakeholder to analyze the risk events you have identified in the project. They would like you to analyze the project risks with a goal of improving the project's performance as a whole. What approach can you use to achieve the goal of improving the project's performance through risk analysis with your project stakeholders?

A. ocus on the high-priority risks through qualitative risk analysis

B. nvolve the stakeholders for risk identification only in the phases where the project directly affects them

C. nvolve subject matter experts in the risk analysis activities

D. se qualitative risk analysis to quickly assess the probability and impact of risk events

View answer

Correct Answer: A

Question #49

You are the project manager of the GHY Project for your company. You need to complete a project management process that will be on the lookout for new risks, changing risks, and risks that are now outdated. Which project management process is responsible for these actions?

A. ou will need the risk register, risk management plan, permission from the functional manager, and any relevant organizational process assets

B. ou will need the risk register, risk management plan, cost management plan, schedule management plan, and any relevant organizational process assets

C. ou will need the risk register, risk management plan, outputs of qualitative risk analysis, and any relevant organizational process assets

D. uantitative risk analysis does not happen through the project manager in a functional structure

View answer

Correct Answer: C

Question #50

Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from the past project to help him and the project team to identify the risks that may be present in the project. Management agrees that this checklist approach is ideal and will save time in the project. Which of the following statement is most accurate about the limitations of the checklist analysis approach for Gary?

A. he checklist analysis approach is fast but it is impossible to build and exhaustive checklist

B. he checklist analysis approach saves time, but can cost more

C. he checklist analysis approach only uses qualitative analysis

D. he checklist is also known as top down risk assessment

View answer

Correct Answer: A

Question #51

You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal?

A. elphi Technique

B. WOT analysis

C. ssumptions analysis

D. rainstorming

View answer

Correct Answer: B

Question #52

You are the project manager of the NNQ Project for your company and are working with your project team to define contingency plans for the risks within your project. Mary, one of your project team members, asks what a contingency plan is. Which of the following statements best defines what a contingency response is?

A. ome responses are designed for use only if certain events occur

B. ome responses have a cost and a time factor to consider for each risk event

C. ome responses must counteract pending risk events

D. uantified risks should always have contingency responses

View answer

Correct Answer: A

Question #53

You are the project manager of a large, high-profile project in your organization. You have realized that politics within your company may affect the true identification of risk events within the project. You decide that you'd like to use a method to identify risk events through an anonymous process. Which one of the following risk events will allow you to collect and distribute risk information without the stakeholders knowing what other stakeholders are communicating about the project risk events?

A. urveys

B. onte Carlo Technique

C. hecklist analysis

D. elphi Technique

View answer

Correct Answer: D

Question #54

You are the project manager of the AFD project for your company. You are working with the project team to reassess existing risk events and to identify risk events that have not happened and whose relevancy to the project has passed. What should you do with these events that have not happened and would not happen now in the project?

A. dd the risks to the risk register

B. dd the risks to a low-priority watchlist

C. lose the outdated risks

D. dd the risk to the issues log

View answer

Correct Answer: C

Question #55

Which of the following characteristics would a risk-adverse person or group demonstrate?

A. Reasonable comfort with most uncertainty; accepts risk as a normal feature of projects and business, and takes uncertainty in stride with no apparent or significant influence on their behavior

B. Risk taking is a price worth paying for future payoffs; seeks strategies and tactics that have high future payoffs; thinks abstractly and creatively envisioning possibilities, and is not afraid of change oi unknowns

C. Discomfort with uncertainty; low tolerance for ambiguity, and seeks security and resolution when facing risk

D. Adaptable and resourceful, and is not afraid to take action, or even thrill seeking

View answer

Correct Answer: C

Question #56

Which of the following should multicultural groups be aware of on a project relative to risk?

A. Problematic risk management practices

B. Multicultural beta risk management software

C. Differences regarding risk attitudes and emotional literacy

D. "Parent-child" risk relationships

View answer

Correct Answer: C

Question #57

Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?

A. isk management plan

B. roject sponsor

C. isk response plan

D. ook-up table

View answer

Correct Answer: D

Question #58

You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors. There are three modeling techniques that a project manager can use to include both event-oriented and project-oriented analysis. Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

A. ensitivity analysis

B. o-Hari Window

C. xpected monetary value

D. odeling and simulation

View answer

Correct Answer: B

Question #59

You work as a project manager for BlueWell Inc. You want to create a visual diagram, which can depict the resources that will be used within the project. Which of the following diagrams will you create to accomplish the task?

A. oles and responsibility matrix

B. ork breakdown structure

C. esource breakdown structure

D. ACI chart

View answer

Correct Answer: C

Question #60

Bill is the project manager for a project that will last six months and has a budget of $580,000. In this project a high-risk has been identified with the new materials the project will be using. Bill would like to assign one person, Beth, to be responsible to monitor this risk. Bill assigns Beth the authority to respond to the risk event if it appears in the risk events that is likely to happen. In addition, Bill hires a consultant to work with Beth on this area of the project. In this instance, who is the

A. ill, because he is the project manager

B. eth, because she has the authority to respond to the risk event

C. eth and the consultant are the risk owners

D. he consultant working with Beth, because this is transference

View answer

Correct Answer: B

Question #61

Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along with the key stakeholders, to remove the pure risk from the project by changing the project plan altogether. What is a pure risk?

A. t is a risk event that is generated due to errors or omission in the project work

B. t is a risk event that is created by a risk response

C. t is a risk event that only has a negative side, such as loss of life or limb

D. t is a risk event that cannot be avoided because of the order of the work

View answer

Correct Answer: C

Question #62

You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?

A. istorical information

B. ualitative risk analysis

C. uantitative analysis

D. olling wave planning

View answer

Correct Answer: B

Question #63

During qualitative risk analysis you want to define the risk urgency assessment. All of the following are indicators of risk priority except for which one?

A. ost of the project

B. isk rating

C. arning signs

D. ymptoms

View answer

Correct Answer: A

Question #64

You are the project manager of the NGQQ Project for your company. To help you communicate project status to your stakeholders, you are going to create a stakeholder register. All of the following information should be included in the stakeholder register except for which one?

A. ssessment information of the stakeholders' major requirements, expectations, and potential influence

B. takeholder classification of their role in the project

C. dentification information for each stakeholder

D. takeholder management strategy

View answer

Correct Answer: D

Question #65

You work as a project manager for BlueWell Inc. You are working with your team members on the risk responses in the project. Which risk response will likely cause a project to use the procurement processes?

A. xploiting

B. itigation

C. haring

D. cceptance

View answer

Correct Answer: C

Question #66

Gary has identified a project risk that could injure project team members. He does not want to accept any risk where someone could become injured on this project so he hires a professional vendor to complete this portion of the project work. This workaround to the risk event is known as what type of risk response?

A. cceptance

B. ransference

C. itigation

D. voidance

View answer

Correct Answer: B

Question #67

You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?

A. cceptance

B. itigation

C. ransference

D. voidance

View answer

Correct Answer: C

Question #68

You are the project manager of the GHQ project for your company. You are working with your project team to prepare for the qualitative risk analysis process. Mary, a project team member, does not understand why you need to complete qualitative risks analysis. You explain to Mary that qualitative risks analysis helps you determine which risks needs additional analysis. There are also some other benefits that qualitative risks analysis can do for the project. Which one of the following is NOT an accomplishmen

A. orresponding impact on project objectives

B. ime frame for a risk response

C. rioritization of identified risk events based on probability and impact

D. ost of the risk impact if the risk event occurs

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Correct Answer: D

Question #69

You are the project manager of QSL project for your organization. You are working with your project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique are you using as a part of the risk identification process?

A. redecessor and successor diagramming

B. ystem or process flowcharts

C. ause and effect diagrams

D. nfluence diagrams

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Correct Answer: B

Question #70

You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. You will need all of the following as inputs to the qualitative risk analysisprocess except for which one?

A. takeholder register

B. roject scope statement

C. isk management plan

D. isk register

View answer

Correct Answer: A

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