18935542
Description
Quiz by Enrique Gomez, updated more than 1 year ago
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Created by Enrique Gomez
over 4 years ago
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Question 1
Question
Which of the following would NOT be contained in the risk management plan?
Answer
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a. A risk breakdown structure.
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b. A description of the overall approach to risk on the project.
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c. Risk roles and responsibilities.
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d. A list of identified risks.
Question 2
Question
The risk register is not an input to which of the following processes?
Answer
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a. Identify Risks
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b. Perform Qualitative risk analysis
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c. Perform Quantitative risk analysis
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d. Plan Risk response
Question 3
Question
Which of the following is NOT a tool or technique for gaining expert opinion as it relates to risk?
Answer
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a. Brainstorming.
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b. Checklists
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c. Monte Carlo analysis.
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d. Expert interviews.
Question 4
Question
Which of the following is not a type of risk attitude of organizations?
Answer
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a. Risk appetite.
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b. Risk tolerance.
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c. Risk response.
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d. Risk intolerance.
Question 5
Question
Which of the following statements about risk analysis is false?
Answer
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a. Quantitative risk analysis can only be performed on the risks on which a qualitative risk analysis has already been performed.
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b. Qualitative risk analysis is usually performed before quantitative risk analysis.
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c. An updated risk report is the output of both qualitative risk analysis and quantitative risk analysis.
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d. The risk register is an input to both qualitative risk analysis and quantitative risk analysis.
Question 6
Question
What is the output of a decision tree analysis?
Answer
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a. List of decisions that can be made.
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b. Expected monetary value of each option.
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c. Recommended corrective actions.
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d. Cost of managing the risk that was analyzed.
Question 7
Question
Which of the following is a correct statement about secondary risks?
Answer
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a. These are the residual risks.
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b. These are the risks that have medium or low priority
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c. These are the risks that have been transferred
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d. These are the risks that can result from responses to the identified risks.
Question 8
Question
Which of the following statements is TRUE regarding risk?
Answer
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a. All risk events must be threats
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b. All risk events are uncertain.
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c. All risk events are negative.
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d. All risk events should be covered by a contingency budget amount.
Question 9
Question
Which of the following is not an output of the quantitative risk analysis??
Answer
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a. Probabilities of meeting the project objectives, such as cost and schedule
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b. Estimate of the project cost
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c. A list of risks prioritized based on the total effect of each risk on the overall project objectives
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d. A risk-related contractual agreement
Question 10
Question
Which of the following would NOT be a strategy for dealing with negative risk?
Answer
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a. Avoid.
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b. Transfer.
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c. Share.
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d. Mitigate.
Question 11
Question
Which of the following is not an information gathering or analysis technique used in the identify risks process?
Answer
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a. Brainstorming
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b. Document analysis
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c. SWOT analysis
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d. Web browsing
Question 12
Question
Which of the following is not a valid risk response?
Answer
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a. Risk acceptance
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b. Risk sharing
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c. Risk mitigation
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d. Risk rejection
Question 13
Question
What is the BEST source of information about potential risk on your project?
Answer
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a. Computer risk analysis.
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b. Interviews with team members from other projects.
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c. Historical records from similar projects.
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d. Your own experience in this industry.
Question 14
Question
Which of the following is not a common constraint to all the projects?
Answer
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a. Resources
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b. Scope
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c. Time
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d. Skill set
Question 15
Question
Which of the following is an output of Identify Risks??
Answer
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a. Risk register.
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b. Probabilistic analysis.
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c. Risk-related contractual agreements.
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d. Recommended cash reserves.
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