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QUESTION NO: 1
Which of the following processes is described in the statement below?
"This is the process of numerically analyzing the effect of identified risks on overall project objectives."
A. Identify Risks
B. Perform Qualitative Risk Analysis
C. Perform Quantitative Risk Analysis
D. Monitor and Control Risks
Answer: C
QUESTION NO: 2
Benchmarking is a continuous process that can be time consuming to do correctly.
Which of the following guidelines for performing benchmarking identifies the critical processes and creates measurement techniques to grade the process?
A. Research
B. Adapt
C. Plan
D. Improve
Answer: C
QUESTION NO: 3
You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other factors.
There are three modeling techniques that a project manager can use to include both event-oriented and project oriented analysis. Which modeling technique does NOT provide event-oriented and project oriented analysis for identified risks?
A. Modeling and simulation
B. Expected monetary value
C. Sensitivity analysis
D. Jo-Hari Window
Answer: D
QUESTION NO: 4
Which of the following is the process of comparing the business processes and performance metrics including cost, cycle time, productivity, or quality?
A. Agreement
B. COBIT
C. Service Improvement Plan
D. Benchmarking
Answer: D
QUESTION NO: 5
Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process.
During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?
A. The events should be determined if they need to be accepted or responded to.
B. The events should be entered into the risk register.
C. The events should continue on with quantitative risk analysis.
D. The events should be entered into qualitative risk analysis.
Answer: B
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Updated: May 25, 2022