CORRECT TEXT
You are the project manager of the AMD project for your organization. In this project, you are
currently performing quantitative risk analysis. The tool and technique you are using is simulation
where the project model is computed many times with the input values chosen at random for each
iteration. The goal is to create a probability distribution from the iterations for the project schedule.
What technique will you use with this simulation?

Robert is the business analyst for his organization and he’s working with several stakeholders to
identify the business need for an opportunity. Robert needs to identify the stakeholder that will be

responsible for authorizing the actions needed in order to meet the identified business need.
Which stakeholder does Robert need to identify?

Which of the following levels of Gartner’s cost optimization framework describes the right kind of
partnership with IT vendors, which can benefit each party in times of economic upturns?

Which conduct stakeholder analysis technique is useful for identifying shared characteristics of a
stakeholder group?

Which of the following are parts of SWOT Analysis? Each correct answer represents a complete
solution. Choose all that apply.

You are the project manager of the NNN project for your company. You and the project team are
working together to plan the risk responses for the project. You feel that the team has successfully
completed the risk response planning and now you must initiate what risk process it is. Which of
the following risk processes is repeated after the plan risk responses to determine if the overall
project risk has been satisfactorily decreased?

You are the project manager for your company and a new change request has been approved for
your project. This change request, however, has introduced several new risks to the project. You
have communicated these risk events and the project stakeholders understand the possible
effects these risks could have on your project. You elect to create a mitigation response for the
identified risk events. Where will you record the mitigation response?

Which positive risk response best describes a teaming agreement?

Your project is an agricultural-based project that deals with plant irrigation systems.
You have discovered a byproduct in your project that your organization could use to make a profit
you’re your organization seizes this opportunity it would be an example of what risk response?

Which document refers to the steps that must be taken if there is a major gap in the projected
delivery quality of a service and the actual delivery?