Which of the following is true for risk management frameworks, standards and practices?
Each correct answer represents a part of the solution. Choose three.

An interruption in business productivity is considered as which of the following risks?

You are the project manager of the QPS project. You and your project team have identified a pure
risk. You along with the key stakeholders, decided to remove the pure risk from the project by
changing the project plan altogether. What is a pure risk?

You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your
project with your team. How many risk response types are available for a negative risk event in the
project?

You are the project manager for your organization. You are preparing for the quantitative risk
analysis. Mark, a project team member, wants to know why you need to do quantitative risk
analysis when you just completed qualitative risk analysis. Which one of the following statements
best defines what quantitative risk analysis is?

You are the project manager of your enterprise. You have identified new threats, and then
evaluated the ability of existing controls to mitigate risk associated with new threats. You noticed
that the existing control is not efficient in mitigating these new risks. What are the various steps
you could take in this case?
Each correct answer represents a complete solution. Choose all that apply.

Which of the following risks is associated with not receiving the right information to the right people
at the right time to allow the right action to be taken?

Kelly is the project manager of the NNQ Project for her company. This project will last for one year
and has a budget of $350,000. Kelly is working with her project team and subject matter experts to
begin the risk response planning process. What are the two inputs that Kelly would need to begin
the plan risk response process?

Tom works as a project manager for BlueWell Inc. He is determining which risks can affect the
project. Which of the following inputs of the identify risks process is useful in identifying risks, and
provides a quantitative assessment of the likely cost to complete the scheduled activities?

Which of the following baselines identifies the specifications required by the resource that meet
the approved requirements?