Which of the following templates may be included in the risk management plan?
A. Formal structure for a risk statement
B. Work performance report
C. Structure for a SWOT diagram
D. Formal brainstorming list
When monitoring the execution quality of risk-related plans and processes, which of the following would be a useful metric to track and record?
A. The number of risks in the project register
B. The degree of variation from the baseline
C. The number of levels in the risk breakdown structure
D. The degree of variation from the risk response strategy
The expected monetary value of a project is above US$1 million. The risk manager is concerned about this situation, and decides to review the related plans and processes to evaluate the degree of variation from the baseline. Next, the risk manager needs to document the results of such an analysis.
What is the best document for the project manager to reference to find out where the results of such an analysis should be documented?
A. Communications management plan
B. Issues log
C. Risk management plan
D. Lessons learned
What is defined as "an uncertainty that could have a positive or negative effect on the project objectives", and second, what is a "chosen state of mind, mental view or disposition with regard to a fact or state"?
A. Risk/Response
B. Risk/Attitude
C. Opportunity/Response
D. Opportunity/Attitude
Within the organizational process assets, where would the project manager find risk response effectiveness from past projects?
A. Change management plan and lessons learned
B. Stakeholder register and lessons learned
C. Risk audit and lessons learned
D. Risk audit and risk matrix
The risk management process can be defined as which of the following?
A. Iterative through the planning phase
B. Baselined at the beginning of execution
C. Iterative throughout the entire project
D. Updated in the execution phase
Which input could be utilized to perform quantitative risk analysis to reduce uncertainty?
A. Risk categorization
B. Organizational process assets
C. Stakeholder register
D. Expert judgment
The feasibility of the risk management planning is dependent upon which of the following aspects of the organization?
A. Competitive market share
B. Level of risk management maturity
C. Alignment with industry standard requirements
D. Culture, people and infrastructure capabilities
Which of the following will ultimately determine risk thresholds?
A. The absolute value of the consequence
B. The risk appetite of the key stakeholders
C. The practice standard for risk management
D. The project manager
The project manager has asked for the P50 estimate for the project schedule. What is the P50 estimate?
A. 75 days
B. 73.5 days
C. 73 days
D. 72.5 days
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