Who is the most appropriate person to conduct a risk identification brainstorming session? A. Facilitator B. Subject matter expert C. Project manager D. Project sponsor
The stakeholder is unwilling to make decisions that would result in negative consequences to the project. Which of the following describes the stakeholders attitude regarding project risks? A. Risk averse B. Risk neutral C. Risk accepting D. Not enough information…
A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are financial risks. What procedure could the project manager use to…
A risk manager creates a survey for project stakeholders to obtain their opinions on high levels of risk. Key questions in the survey address acceptable levels of cost increases and schedule delays. What is the risk manager trying to determine?…
The senior risk manager hears that critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. Which area should be reviewed, as an opportunity for the risk manager to…
Which of the following is a key element of neuro-linguistic programming? A. Re-coding based on agile methodology B. Flex-scheduling C. Cross-training D. Building rapport with others
Which analysis method uses stratified sampling without replacement? A. Latin Hypercube B. Monte Carlo simulation C. Impact analysis D. Linear regression analysis
A common understanding of the value of risk management among key stakeholders is an effective foundation to managing risk effectively. The project manager should ensure training is provided to which of the following groups to create this understanding? A. Project…
The company board is concerned about potential legal action from a high-risk project. What technique can be used to justify risk response decisions taken on this project? A. Interviews B. Nominal group technique C. Brainstorming D. Decision tree analysis
A newly assigned project manager is reviewing the project documents with stakeholders to identify opportunities that will fast track the project and realize the financial benefits of early completion. What document should be updated at the end of the review?…