Exam 5: Planning Projects, part 2 Project Quality, human Resource, communications, risk, and Procurement Management

What is the main purpose of the risk management plan? How should the document be constructed?

Risk ____________________ refer to specific,uncertain events that may occur to the detriment or enhancement of the project.

Project teams should initially focus on risk events that fall in the low sections of the probability/impact matrix.

A(n)____________________ management plan is a document that describes how the procurement processes will be managed,from developing documentation for making outside purchases or acquisitions to contract closure.

Quality must be considered on an equal level of importance with project scope,time,and cost.

Indirect costs are often calculated as a percentage of direct costs.

Project Web sites provide a centralized way of delivering project documents and other communications.

Describe quality planning and the quality management plan.

Project ____ management ensures that the project will satisfy the stated or implied needs for which it was undertaken.

Which of the following topics could you expect to find in a procurement management plan?

Project ____ management involves generating,collecting,disseminating,and storing project information.

Competition for supplying goods and services can also help reduce ____________________ risks and enhance positive risks on projects.