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Q113. You are the project manager of the GHY project for your organization. You are about to start the qualitative risk analysis process for the project and you need to determine the roles and responsibilities for conducting risk management. Where can you find this information? 

A. Enterprise environmental factors 

B. Risk register 

C. Risk management plan 

D. Staffing management plan 

Answer: C 


Q114. 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? 

A. Perform Qualitative Risk Analysis 

B. Plan Risk Management 

C. Plan Risk Responses 

D. Perform Quantitative Risk Analysis 

Answer: A 


Q115. Ned is the project manager of the HNN project for your company. Ned has asked you to help him complete some probability distributions for his project. What portion of the project will you most likely use for probability distributions? 

A. Bias towards risk in new resources 

B. Risk probability and impact matrixes 

C. Risk identification 

D. Uncertainty in values such as duration of schedule activities 

Answer: D 


Q116. You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal? 

A. Delphi Technique 

B. SWOT analysis 

C. Assumptions analysis 

D. Brainstorming 

Answer: B 


Q117. Which of the following processes is described in the statement below? "This is the process of numerically analyzing the effect of identified risks on overall project objectives." 

A. Identify Risks 

B. Perform Quantitative Risk Analysis 

C. Monitor and Control Risks 

D. Perform Qualitative Risk Analysis 

Answer: B 


Q118. You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response? 

A. Transference 

B. Acceptance 

C. Mitigation 

D. Sharing 

Answer: D 


Q119. Examine the figure given below. 

What will be the expected monetary value of Risk C? 

A. -$113,750 

B. $175,000 if the risk event actually happens 

C. -$175,000 

D. -$27,000 

Answer: D 


Q120. You are the project manager of the NNQ Project for your company and are working with your project team to define contingency plans for the risks within your project. Mary, one of your project team members, asks what a contingency plan is. Which of the following statements best defines what a contingency response is? 

A. Some responses are designed for use only if certain events occur. 

B. Some responses have a cost and a time factor to consider for each risk event. 

C. Some responses must counteract pending risk events. 

D. Quantified risks should always have contingency responses. 

Answer: A