Question 1

Which of the following accurately describes risk in project management?​

Accepted Answer

A)  A risk may impact the project in a positive or negative way. 
B)  Some projects have no risks. 
C)  Risk assessment should remain objective and uninfluenced by stakeholder priorities. 
D)  Project managers should always be risk averse 
A)  A risk may impact the project in a positive or negative way. 
B)  Some projects have no risks. 
C)  Risk assessment should remain objective and uninfluenced by stakeholder priorities. 
D)  Project managers should always be risk averse

Question 2

A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.

Accepted Answer

A) True 
 B)False

Question 3

All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT:

Accepted Answer

A)  It enables project managers to eliminate or reduce the impact of some threats. 
B)  It enables the project manager to identify and eliminate all risks 
C)  It facilitates communication with various project stakeholders. 
D)  It enables project managers to capitalize on some opportunities. 
A)  It enables project managers to eliminate or reduce the impact of some threats. 
B)  It enables the project manager to identify and eliminate all risks 
C)  It facilitates communication with various project stakeholders. 
D)  It enables project managers to capitalize on some opportunities.

Question 4

The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?",and "if it does happen,how big will the impact be?"

Accepted Answer

A) True 
 B)False

Question 5

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits,and the ultimate avoidance strategy is to not perform the project at all.

Accepted Answer

A) True 
 B)False

Which of the following accurately describes risk in project management?

A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.

All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT:

The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?",and "if it does happen,how big will the impact be?"

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits,and the ultimate avoidance strategy is to not perform the project at all.

Introduction to Project Management

Project Selection and Prioritization

Chartering Projects

Organizational Capability: Structure, Culture and Roles

Leading and Managing Project Teams

Stakeholder Analysis and Communication Planning

Scope Planning

Scheduling Projects

Resourcing Projects

Budgeting Projects

Project Quality Planning and Project Kick-Off

Project Supply Chain Management

Determining Project Progress and Results

Finishing the Project and Realizing the Benefits

Filters

Exam 11: Project Risk Planning

Which of the following accurately describes risk in project management?​

A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.

All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT:

The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?",and "if it does happen,how big will the impact be?"

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits,and the ultimate avoidance strategy is to not perform the project at all.

Introduction to Project Management

Project Selection and Prioritization

Chartering Projects

Organizational Capability: Structure, Culture and Roles

Leading and Managing Project Teams

Stakeholder Analysis and Communication Planning

Scope Planning

Scheduling Projects

Resourcing Projects

Budgeting Projects

Project Quality Planning and Project Kick-Off

Project Supply Chain Management

Determining Project Progress and Results

Finishing the Project and Realizing the Benefits

Filters

Which of the following accurately describes risk in project management?