This is a timed quiz.
You have 25 minutes to complete the 10 questions in this quiz.
The Project Manager will utilize which of the following in performing Perform Qualitative Risk Analysis?
a. A Risk Rating Matrix
b. Expected Monetary Value (EMV)
c. Workarounds
d. Risk Triggers
Plan Risk Management is:
a. A process of identifying potential risks for a project.
b. Deciding how risk management activities will be structured and performed.
c. Assessing the impact and likelihood of project risks.
d. Numerical analysis of the probability of project risks.
1. Which of the following is not an objective of the Monitor Risk Process??
a. Develop risk mitigation strategy.
b. Analyze contingency reserve.
c. Analyzing new risk.
d. Monitoring triggers.
The BEST definition of risk management is:
a. The process of identifying, analyzing, and responding to risks.
b. The process of reducing risk to the minimum level possible for the project.
c. The process of proactively ensuring that all project risk is documented and controlled.
d. Creation of the risk response plan.
Multiplying the probabilities by the impact of the opportunity involves using which of the following??
What is one of the typical problem in Project Risk Management?
a. The project have no risk.
b. The project manager are confuse about risk management
c. Identify Risks.
d. Monitor Risks.
Risk exist at two levels within the every project:
a. Mitigation risks and Avoidance risks.
b. Light risks and hard risks
c. Project charter and scope statement
d. Individual project risk and overall project risk
A risk probability and impact assessment is used in?
a. Identify Risks
b. Qualitative Risk Analysis.
c. Quantitative Risk Analysis.
d. Plan Risk Responses
Risk Categorization and data analysis are used in which process
a. As part of Monitor Risks.
b. As part of Qualitative Risk Analysis.
c. As part of Plan Risk Response.
d. As part of Plan Risk Management.
The Department of Defense is involved in performance risk monitoring as part of its overall risk strategy. Which of the following best describes Monitor Risk?
a. Determining what the characteristics of the risks are on the project
b. Determining what risks are on the project and which ones have more impact.
c. Determining who will implement a Risk Response Plan and give them the needed tools.
d. Supervising the implementation of agreed-upon risk response plans, tracking identified risk, and looking for any new risks that could occur
