PrepAway - Latest Free Exam Questions & Answers

Author: admin

What type of risk response has been used in this instance?

Shawn is the project manager of the WHT Project for his company. In this project Shawn’s team reports that they have found a way to complete the project work for less cost than what was originally planned. The project team presents a new software that will help to automate the project work. While the software and the associated training costs $25,000 it will save the project nearly $65,000 in total costs. Shawn agrees to the software and changes to the project management plan accordingly. What type of risk response has been used in this instance?

Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

You are the project manager of a large project that will last four years. In this project, you would like to model the risk based on its distribution, impact, and other ors. There are three modeling techniques that a project manager can use to include both event-oriented and project-oriented analysis. Which modeling technique does NOT provide event-oriented and project-oriented analysis for identified risks?

What risk response has been enacted in this project?

Bill is the project manager of the JKH Project. He and the project team have identified a risk event in the project with a high probability of occurrence and the risk event has a high cost impact on the project. Bill discusses the risk event with Virginia, the primary project customer, and she decides that the requirements surrounding the risk event should be removed from the project. The removal of the requirements does affect the project scope, but it can release the project from the high risk exposure. What risk response has been enacted in this project?

Is Eric’s organization liable to pay the ZAS Corporation for the work they have completed so far on the

Eric is the project manager of the NQQ Project and has hired the ZAS Corporation to complete part of the project work for Eric’s organization. Due to a change request the ZAS Corporation is no longer needed on the project even though they have completed nearly all of the project work. Is Eric’s organization liable to pay the ZAS Corporation for the work they have completed so far on the project?


Page 180 of 277« First...102030...178179180181182...190200210...Last »