Lisa is the project manager of the SQL project for her company. She has completed the risk response planning
with her project team and is now ready to update the risk register to reflect the risk response. Which of the
following statements best describes the level of detail Lisa should include with the risk responses she has
created?
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?
You work as the project manager for Bluewell Inc. Your project has several risks that will affect several
stakeholder requirements. Which project management plan will define who will be available to share
information on the project risks?
You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large
warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time
to learn how to use the material properly. You have communicated to the project stakeholders that you will be
able to save costs by using the new material, but you will need a few extra weeks to complete training to use
the materials. This risk response of learning how to use the new materials can also be known as what term?
Jenny is the project manager of the NHJ Project for her company. She has identified several positive risk
events within the project and she thinks these events can save the project time and money. You, a new team
member wants to know that how many risk responses are available for a positive risk event. What will Jenny
reply to you?
You are working with Anna on your project to determine and map the probability distributions of risk within the
project. You have indicated that you will use the uniform distribution method for a portion of the project. Which
part of your project is most likely to have a uniform risk distribution?
You are the project manager of the GYH project for your organization. Management has asked you to begin
identifying risks and to use an information gathering technique. Which one of the following risk identification
approaches is an information gathering technique?
Sammy is the project manager for her organization. She would like to rate each risk based on its probability and
affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy
is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three
separate risk scores. Who is correct in this scenario?
Your organization has named you the project manager of the JKN Project. This project has a BAC of
$1,500,000 and it is expected to last 18 months. Management has agreed that if the schedule baseline has a
variance of more than five percent then you will need to crash the project. What happens when the project
manager crashes a project?
Kelly is the project manager of the BHH project for her organization. She is completing the risk identification
process for this portion of her project. Which one of the following is the only thing that the risk identification
process will create for Kelly?