Question 1

Risk milestones are indicators that a risk has occurred or is about to occur.

Accepted Answer

A) True 
 B)False  False

Question 2

Categories of risk pertaining to project managers include

Accepted Answer

A) professional risk. 
B) personal risk. 
C) environmental risk. 
D) cultural risk. 
A) professional risk. 
B) personal risk. 
C) environmental risk. 
D) cultural risk. A

Question 3

When using PFMEA,the suggested value for schedule changes not impacting major milestones is

Accepted Answer

A) 5) 
B) 4) 
C) 3) 
D) 10. 
A) 5) 
B) 4) 
C) 3) 
D) 10. A

Question 4

Which of the following is an analysis that specifically investigates the potential effects of both the negative and positive risks with regards to project schedule,cost,or performance quality?

Accepted Answer

A) Six Sigma 
B) CMMI 
C) DMAIC 
D) risk probability assessment 
A) Six Sigma 
B) CMMI 
C) DMAIC 
D) risk probability assessment

Question 5

The risk score can be computed as Occurrence ÷ Detection.

Accepted Answer

A) True 
 B)False

Question 6

Risk is the degree of probability of a loss or failure.

Accepted Answer

A) True 
 B)False

Question 7

Checklists are never complete;they are ever growing and expansive.

Accepted Answer

A) True 
 B)False

Question 8

What is risk? What is risk management? Identify three types of tolerance for project managers or organizations.

Accepted Answer

Risk is a function of the likelihood of

Question 9

Which of the following helps to identify critical project parameters that affect project schedule the most,determine project success rate,and make decisions about viable project alternatives?

Accepted Answer

A) document analysis 
B) Six Sigma 
C) quantitative risk analysis 
D) CMMI 
A) document analysis 
B) Six Sigma 
C) quantitative risk analysis 
D) CMMI

Question 10

Common tools and techniques used for developing a list of project risks include each of the following except

Accepted Answer

A) network diagrams. 
B) nominal group technique. 
C) Delphi technique. 
D) brainstorming. 
A) network diagrams. 
B) nominal group technique. 
C) Delphi technique. 
D) brainstorming.

Question 11

Risk management means that the project manager and upper management need to have realistic expectations of the people who will be doing the work.

Accepted Answer

A) True 
 B)False

Question 12

The likelihood that an event will occur times the impact of that occurrence best defines

Accepted Answer

A) risk score. 
B) risk percentage. 
C) threat level. 
D) weakness assessment measure. 
A) risk score. 
B) risk percentage. 
C) threat level. 
D) weakness assessment measure.

Question 13

Risk identification should address every possible negative event.

Accepted Answer

A) True 
 B)False

Question 14

Identify seven common tools and techniques for developing a list of project risks.

Accepted Answer

Common tools and techniques in

Question 15

What are the outputs of risk monitoring and control?

Accepted Answer

The outputs are risk register

Question 16

For a construction project,ill-defined responsibilities are associated with the

Accepted Answer

A) team factor of the subcontractors category. 
B) site factor of the environment category. 
C) tactics factor of the subcontractors category. 
D) control factor of the project category. 
A) team factor of the subcontractors category. 
B) site factor of the environment category. 
C) tactics factor of the subcontractors category. 
D) control factor of the project category.

Question 17

Identify five ways that risks associated with resources can be reduced.

Accepted Answer

Risks associated with resources can be r

Question 18

When using an RBS for a software development project,development risks relate to development,organization,and work environment.

Accepted Answer

A) True 
 B)False

Question 19

Checklists are one of several common tools and techniques used for developing a list of project risks.

Accepted Answer

A) True 
 B)False

Question 20

Risks associated with costs can be reduced by each of the following except

Accepted Answer

A) considering many design alternatives before choosing the design. 
B) creating a project schedule and striving to adhere to it. 
C) identifying and monitoring the key cost drivers. 
D) identifying critical tasks and their interdependencies. 
A) considering many design alternatives before choosing the design. 
B) creating a project schedule and striving to adhere to it. 
C) identifying and monitoring the key cost drivers. 
D) identifying critical tasks and their interdependencies.

Risk milestones are indicators that a risk has occurred or is about to occur.

Categories of risk pertaining to project managers include

When using PFMEA,the suggested value for schedule changes not impacting major milestones is

Which of the following is an analysis that specifically investigates the potential effects of both the negative and positive risks with regards to project schedule,cost,or performance quality?

The risk score can be computed as Occurrence ÷ Detection.

Risk is the degree of probability of a loss or failure.

Checklists are never complete;they are ever growing and expansive.

What is risk? What is risk management? Identify three types of tolerance for project managers or organizations.

Which of the following helps to identify critical project parameters that affect project schedule the most,determine project success rate,and make decisions about viable project alternatives?

Common tools and techniques used for developing a list of project risks include each of the following except

Risk management means that the project manager and upper management need to have realistic expectations of the people who will be doing the work.

The likelihood that an event will occur times the impact of that occurrence best defines

Risk identification should address every possible negative event.

Identify seven common tools and techniques for developing a list of project risks.

What are the outputs of risk monitoring and control?

For a construction project,ill-defined responsibilities are associated with the

Identify five ways that risks associated with resources can be reduced.

When using an RBS for a software development project,development risks relate to development,organization,and work environment.

Checklists are one of several common tools and techniques used for developing a list of project risks.

Risks associated with costs can be reduced by each of the following except

Projects and Project Management

Process and Methods

Project Management Tools

Project Initiation

Project Planning

Quality, Performance and Value

Project Scheduling

Resources, Costing, and Control

Project Closure

Project Organizational Structures

Project Success

Filters

Exam 6: Risk Management

Risk milestones are indicators that a risk has occurred or is about to occur.

Categories of risk pertaining to project managers include

When using PFMEA,the suggested value for schedule changes not impacting major milestones is

Which of the following is an analysis that specifically investigates the potential effects of both the negative and positive risks with regards to project schedule,cost,or performance quality?

The risk score can be computed as Occurrence ÷ Detection.

Risk is the degree of probability of a loss or failure.

Checklists are never complete;they are ever growing and expansive.

What is risk? What is risk management? Identify three types of tolerance for project managers or organizations.

Which of the following helps to identify critical project parameters that affect project schedule the most,determine project success rate,and make decisions about viable project alternatives?

Common tools and techniques used for developing a list of project risks include each of the following except

Risk management means that the project manager and upper management need to have realistic expectations of the people who will be doing the work.

The likelihood that an event will occur times the impact of that occurrence best defines

Risk identification should address every possible negative event.

Identify seven common tools and techniques for developing a list of project risks.

What are the outputs of risk monitoring and control?

For a construction project,ill-defined responsibilities are associated with the

Identify five ways that risks associated with resources can be reduced.

When using an RBS for a software development project,development risks relate to development,organization,and work environment.

Checklists are one of several common tools and techniques used for developing a list of project risks.

Risks associated with costs can be reduced by each of the following except

Projects and Project Management

Process and Methods

Project Management Tools

Project Initiation

Project Planning

Quality, Performance and Value

Project Scheduling

Resources, Costing, and Control

Project Closure

Project Organizational Structures

Project Success

Filters