Question 1

Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?

Accepted Answer

A)  Mitigating 
B)  Retaining 
C)  Ignoring 
D)  Transferring 
E)  Avoiding 
A)  Mitigating 
B)  Retaining 
C)  Ignoring 
D)  Transferring 
E)  Avoiding

Question 2

Which of the following activities might you consider adding a time buffer to?

Accepted Answer

A)  Activities with severe risks 
B)  Merge activities that are prone to delays 
C)  Activities with scarce resources 
D)  Noncritical activities with very little slack 
E)  You might consider adding a time buffer to any of these activities 
A)  Activities with severe risks 
B)  Merge activities that are prone to delays 
C)  Activities with scarce resources 
D)  Noncritical activities with very little slack 
E)  You might consider adding a time buffer to any of these activities

Question 3

What is the difference between budget reserves and management reserves?

Accepted Answer

The answer of What is the difference between budget reserves...

Question 4

Which of the following is NOT included in a Failure Mode and Effects Analysis?

Accepted Answer

A)  Impact 
B)  Probability 
C)  Detection 
D)  Risk value 
E)  All of these are included 
A)  Impact 
B)  Probability 
C)  Detection 
D)  Risk value 
E)  All of these are included

Question 5

A risk profile is a list of questions that have been developed and refined from previous,similar projects.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is identified to cover major unforeseen risks and,hence,are applied to the total project?

Accepted Answer

A)  Project reserves 
B)  Management reserves 
C)  Time buffers 
D)  Activity reserves 
E)  Budget reserves 
A)  Project reserves 
B)  Management reserves 
C)  Time buffers 
D)  Activity reserves 
E)  Budget reserves

Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?

Which of the following activities might you consider adding a time buffer to?

What is the difference between budget reserves and management reserves?

Which of the following is NOT included in a Failure Mode and Effects Analysis?

A risk profile is a list of questions that have been developed and refined from previous,similar projects.

Which of the following is identified to cover major unforeseen risks and,hence,are applied to the total project?

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters

Exam 7: Managing Risk

Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?

Which of the following activities might you consider adding a time buffer to?

What is the difference between budget reserves and management reserves?

Which of the following is NOT included in a Failure Mode and Effects Analysis?

A risk profile is a list of questions that have been developed and refined from previous,similar projects.

Which of the following is identified to cover major unforeseen risks and,hence,are applied to the total project?

Modern Project Management

Organization Strategy and Project Selection

Organization: Structure and Culture

Defining the Project

Estimating Project Times and Costs

Developing a Project Plan

Scheduling Resources and Costs

Reducing Project Duration

Leadership: Being an Effective Project Manager

Managing Project Teams

Outsourcing: Managing Interorganizational Relations

Progress and Performance Measurement and Evaluation

Project Closure

International Projects

Oversight

An Introduction to Agile Project Management

Project Management Career Paths

Filters