QUESTION: 17

You are the project manager of the KJH Project and are working with your project team to plan the risk responses. Consider that your project has a budget of $500,000 and is expected to last six months. Within the KJH Project you have identified a risk event that has a probability of .70 and has a cost impact of $350,000.

When it comes to creating a risk response for this event what is the risk exposure of the event that must be considered for the cost of the risk response?

The risk exposure of the event is $245,000.
The risk exposure of the event is $500,000.
The risk exposure of the event is $350,000.
The risk exposure of the event is $850,000.

Answer(s): A

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QUESTION: 18

What risk identification technique allows participants to identify the project risks and to remain anonymous?

Influence diagrams
Assumptions analysis
Surveys
Delphi technique

Answer(s): D

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QUESTION: 19

John works as a project manager for ABD project. He and his team, are working on the following activities:

-Relative ranking or priority list of project risks
-Watchlists of low priority risk
-Trends in Qualitative Risk Analysis results

On which of the following processes is John working on?

Perform Qualitative Risk Analysis
Plan Risk Management
Plan Risk Responses
Perform Quantitative Risk Analysis

Answer(s): A

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QUESTION: 20

There are five outputs of the risk monitoring and controlling process. Which one of the following is NOT an output of the process?

Organizational process assets updates
Risk register updates
Vendor contracts
Change requests

Answer(s): C

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QUESTION: 20

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