Question 1

Adopting proven technology instead of experimental technology is an example of mitigating a risk.

Accepted Answer

A) True 
 B)False

Question 2

Identify at least six items that may be included on a Risk Profile.

Accepted Answer

1.technical requirements, 2.De...

Question 3

The risk management tool that is divided into three color-coded zones representing major, moderate, and minor risks is the risk

Accepted Answer

A)  Assessment form
B)  Responsibility matrix
C)  Scenario assessment
D)  Impact assessment
E)  Risk severity matrixF) A) and E)
G) A) and C)

Question 4

In the beginning the focus of risk management should be on risks that

Accepted Answer

A)  Impact the whole project
B)  Impact the critical path
C)  Are known
D)  Have the greatest cost impact
E)  Have the greatest schedule impactF) B) and E)
G) C) and D)

Question 5

Which of the following is identified to cover major unforeseen risks and, hence, are applied to the total project?

Accepted Answer

A)  Budget reserves
B)  Management reserves
C)  Time buffers
D)  Both B and C are correct
E)  A, B, and C are all correctF) A) and D)
G) A) and C)

Question 6

The ________ impact of a risk event in a project is less if the event occurs earlier rather than later.

Accepted Answer

The answer of The ________ impact of a risk event...

Question 7

A list of questions that address traditional areas of uncertainty on a project is termed a risk

Accepted Answer

A)  Risk profile
B)  Questionnaire
C)  Research
D)  Query
E)  ChecklistF) A) and C)
G) A) and E)

Exam 7: Managing Risk

Which of the following is identified to cover major unforeseen risks and, hence, are applied to the total project?

Correct Answer
verified

Adopting proven technology instead of experimental technology is an example of mitigating a risk.

Correct Answer
verified

A list of questions that address traditional areas of uncertainty on a project is termed a risk

Correct Answer
verified

The risk management tool that is divided into three color-coded zones representing major, moderate, and minor risks is the risk

Correct Answer
verified

In the beginning the focus of risk management should be on risks that

Correct Answer
verified

The ________ impact of a risk event in a project is less if the event occurs earlier rather than later.

Correct Answer
verified

Identify at least six items that may be included on a Risk Profile.

Correct Answer
verified
1.technical requirements, 2.De...
View Answer

Exam 7: Managing Risk

Which of the following is identified to cover major unforeseen risks and, hence, are applied to the total project?

Correct AnswerverifiedShow Answer

Adopting proven technology instead of experimental technology is an example of mitigating a risk.

Correct AnswerverifiedShow Answer

A list of questions that address traditional areas of uncertainty on a project is termed a risk

Correct AnswerverifiedShow Answer

The risk management tool that is divided into three color-coded zones representing major, moderate, and minor risks is the risk

Correct AnswerverifiedShow Answer

In the beginning the focus of risk management should be on risks that

Correct AnswerverifiedShow Answer

The ________ impact of a risk event in a project is less if the event occurs earlier rather than later.

Correct AnswerverifiedShow Answer

Identify at least six items that may be included on a Risk Profile.

Correct Answerverified1.technical requirements, 2.De...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
1.technical requirements, 2.De...
View Answer