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QUESTION NO: 1
You are the project manager for your organization and you are working with Thomas, a project team member. You and Thomas have been working on a specific risk response for a probable risk event in the project. Thomas is empowered with a risk response and will control all aspects of the identified risk response in which a particular risk event will happen within the project. What title, in regard to risk, is bestowed on Thomas?
A. Risk coordinator
B. Risk expeditor
C. Risk owner
D. Risk team leader
Answer: C

QUESTION NO: 2
You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management's objective for your project?
A. Quantitative analysis
B. Qualitative risk analysis
C. Historical information
D. Rolling wave planning
Answer: B

QUESTION NO: 3
You are a management consultant. WebTech Inc., an e-commerce organization, hires you to analyze its SWOT. Which of the following factors will you not consider for the SWOT analysis?
A. Bandwidth
B. Pricing
C. Product
D. Promotion
Answer: A

QUESTION NO: 4
Which of the following processes is responsible for low risk, frequently occurring low cost changes?
A. Incident Management
B. IT Facilities Management
C. Release Management
D. Request Fulfillment
Answer: D

QUESTION NO: 5
Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed.
Where can Mark determine the priority of a risk given its probability and impact?
A. Risk response plan
B. Look-up table
C. Project sponsor
D. Risk management plan
Answer: B

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Updated: May 25, 2022