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Free ISEB-PM1 Exam Braindumps (page: 18)

Page 18 of 157
PDF with 625 Questions

A project manager is creating a risk response plan. However, every time a risk response is suggested, another risk is identified that is caused by the response.
Which of the following is the BEST thing for the project manager to do?

  1. Document the new risks and continue the Plan Risk Responses process.
  2. Make sure the project work is better understood.
  3. Spend more time making sure the risk responses are clearly defined.
  4. Get more people involved in the Identify Risks process since risks have been missed.

Answer(s): A



If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month of the project?

  1. Less than 1 percent
  2. 20 percent
  3. 60 percent
  4. 80 percent

Answer(s): B



What is the purpose of a decision tree?

  1. It demonstrates the path of events in a project.
  2. It calculates the probability of an outcome.
  3. It determines what events may take place.
  4. It takes into account future events for today's choices.

Answer(s): D



Executing the risk response plan in order to react to risk events throughout the project is called:

  1. Contingency planning.
  2. Monitoring and control.
  3. Mitigation.
  4. Life cycle costing.

Answer(s): B



Page 18 of 157



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