(TCO 1) One of the excuses for not doing risk management isthat it is just common sense. The answer to that is
proper application of risk management savestime and money.it is never too late to do risk management.risk management is an investment in thefuture.risk management isn’t common sense toeveryone.risk management is common sense.
Question 2. Question:(TCO 1) Risk management needs to be designed to
be done during the project design.be done during the development of the projectscope.be done at times during the project.be done during the project design andthroughout the project.None of the above
Question 3. Question:(TCO 1) The basic types of risk are
known unknowns and unknown unknowns.known and unknown.uncertain and certain.positive and negative.unknown knowns and unknown unknowns.
5Comments:
Question 4. Question:(TCO 2) What project document defines the project work?
Work Breakdown Structure (WBS)Project ScopeProject TemplatesDefined RolesRisk Policies
Question 5. Question:(TCO 2) An amber risk zone
requires an urgent response.alerts the PM that the proje
ct is fallingbehind schedule.requires active monitoring of the risk.is for risks with low impact.does not require any management.
Question 6. Question:(TCO 2) The most important inputs for risk managementplanning include
Environmental factors, organizational processassets, scope statement, and project management plan.Scope statement, WBS, and project managementplan.Environmental factors, roles,responsibilities, scope, and WBS.None of the aboveAll of the above
Comments:
Question 7. Question:(TCO 3) Brainstorming should
not allow ideas that are too far out of thebox.discuss the ideas as they are presented.restrict the ideas to the risk beingdiscussed.gather ideas first and then discuss them.let the discussion flow where it wants to go.
Question 8. Question:(TCO 3) Which of the following is useful in reviewing a projectfor risks?
Work breakdown structureScope statementObjectivesImpact of the projectAll of the above
Question 9. Question:(TCO 3) The WBS does not address
organizing the work.the effort and duration of the work.resources.scheduling.the cost of the work.