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QUESTION NO: 1
You are the project manager of the NNN project for your company. You and the project team are working together to plan the risk responses for the project. You feel that the team has successfully completed the risk response planning and now you must initiate what risk process it is.
Which of the following risk processes is repeated after the plan risk responses to determine if the overall project risk has been satisfactorily decreased?
A. Qualitative risk analysis
B. Quantitative risk analysis
C. Risk identification
D. Risk response implementation
Answer: B
QUESTION NO: 2
Rachel is the project manager of the KJH Project for her company. She needs a method to create a quick and simple approach to risk identification to communicate the project risk with the stakeholders. Which one of the following approaches to risk identification should Rachel choose to provide a quick and simple listing of the project risks?
A. Delphi Technique
B. Checklist analysis
C. Assumptions analysis
D. Brainstorming
Answer: B
QUESTION NO: 3
You are the project manager of the NGH project for your organization. You want to create a causeand- effect diagram to help discover the root causes of the risks within the project. Harold, the
CIO, recommends that you create an Ishikawa diagram instead. What is an Ishikawa diagram?
A. It is a graphical representation of situations showing causal influences.
B. It is the same thing as a root cause diagram.
C. It shows how various elements of a system interrelate.
D. It diagrams the risks according to the work breakdown structure including resources.
Answer: B
QUESTION NO: 4
Wendy is about to perform qualitative risk analysis on the identified risks within her project.
Which one of the following will NOT help Wendy to perform this project management activity?
A. Project scope statement
B. Risk management plan
C. Risk register
D. Stakeholder register
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 management plan
B. Project sponsor
C. Risk response plan
D. Look-up table
Answer: D
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Updated: May 27, 2022