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You and your project team are identifying the risks that may exist within your project. Some of the risks are small risks that won't affect your project much if they happen.
What should you do with these identified risk events?

  1. These risks can be accepted.
  2. These risks can be added to a low priority risk watch list.
  3. All risks must have a valid, documented risk response.
  4. These risks can be dismissed.

Answer(s): B



Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project's end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?

  1. Risk identification
  2. Risk response
  3. Risk trigger
  4. Risk event

Answer(s): C



Adrian is the project manager of the NHP Project. In her project there are several work packages that deal with electrical wiring. Rather than to manage the risk internally she has decided to hire a vendor to complete all work packages that deal with the electrical wiring. By removing the risk internally to a licensed electrician Adrian feels more comfortable with project team being safe.
What type of risk response has Adrian used in this example?

  1. Mitigation
  2. Transference
  3. Avoidance
  4. Acceptance

Answer(s): B



James work as an IT systems personnel in SoftTech Inc. He performs the following tasks:
Runs regular backups and routine tests of the validity of the backup data. Performs data restoration from the backups whenever required. Maintains the retained records in accordance with the established information classification policy.
What is the role played by James in the organization?

  1. Manager
  2. User
  3. Owner
  4. Custodian

Answer(s): D






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