QUESTION: 145 Exam Topic: 1, Volume A

Your project team has identified several potential risks on your current project that could have a significant impact if they occurred. The team examined the impact of the risks by keeping all the uncertain elements at their baseline values.
What type of diagram will the team use to display this information?

Process flowchart
Tornado diagram
Influence diagram
Fishbone diagram

Answer(s): B

Explanation:

The question describes sensitivity analysis, which is a tool and technique of the Quantitative Risk Analysis process. Tornado diagrams are often used to display sensitivity analysis data.

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QUESTION: 146 Exam Topic: 1, Volume A

Response Planning is the responsibility of the functional areas and considers

deflection.
contingency planning.
unforeseen occurrences.
All of the other alternatives apply.
mitigation.

Answer(s): D

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QUESTION: 147 Exam Topic: 1, Volume A

Your project sponsor has requested a cost estimate for the project on which you're working. This project is similar in scope to a project you worked on last year. She would like to get the cost estimates as soon as possible. Accuracy is not her primary concern right now. She needs a ballpark figure by tomorrow. You decide to use ___________________.

parametric modeling techniques
analogous estimating techniques
bottom-up estimating techniques
computerized modeling techniques

Answer(s): B

Explanation:

Analogous-or top-down-estimating techniques are a form of expert judgment. Since this project is similar to another recent project, you can use the cost estimates from the previous project to help you quickly determine estimates for the current project.

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