Q) You are the manager of the project NHQ project for your company. You have completed the qualitative and quantitative analysis of your project risks identified and would now like to find an approach to increase the opportunities for the project and to reduce threats in the project. Which project management process would better help?
a) monitor and control project risks
b) Create a risk governance approach
c) Create registry of project risks
d) Responses to risk Plan
Q) Virginia is the project manager for his organization. She has hired an expert to interview the parties involved in the project on certain risks identified within the project. The subject matter expert will assess the risk event with that specific goal in mind?
a) To determine the level of probability and impact for each risk event
b) To determine the polarization of event risk on the basis of each person interviewed
c) To determine the likelihood and cost of the risk event
d) To determine the validity of each risk event
Q) You are preparing to begin the process of qualitative analysis of risk to your project. You can count on some organizational process assets to influence the process. Which of the following is not a reason likely rely on the organizational process assets as input to the qualitative risk analysis?
a) Studies of similar projects by risk specialists
b) Risk databases that may be available from industry sources
c) Review of contracts with suppliers to examine the risks of past projects
d) Information on previous similar projects,
Q) It works as a project manager for BlueWell Inc. You want to create a visual diagram, which may represent the resources that will be used in the project. Which of the following diagrams you create to accomplish the task?
a) Roles and responsibilities matrix
c) resource breakdown structure
d) RACI chart
Q) John is the project of the NHQ project manager for his company. His project has 75 actors, some of which are external to the organization. John needs to make sure that talking on the risk in the most appropriate method for external stakeholders. Which project management plan will be the best guide for John to communicate to external stakeholders?
a) Risk Response Plan
b) Plan Risk Management
c) Plan communications management
d) Project Management Plan