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?