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Where will you record the mitigation response?

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?

What approach can Amy take to create a bias against ris…

Amy is the project manager for her company. In her current project the organization has a very low tolerance for risk events that will affect the project schedule. Management has asked Amy to consider the affect of all the risks on the project schedule. What approach can Amy take to create a bias against risks that will affect the schedule of the project?

what quantitative risk analysis will review?

Gary is the project manager for his project. He and the project team have completed the qualitative risk analysis process and are about to enter the quantitative risk analysis process when Mary, the project sponsor, wants to know what quantitative risk analysis will review. Which of the following statements best defines what quantitative risk analysis will review?

What is the project’s schedule performance index?

You are the project manager of the NNH Project. In this project you have created a contingency response that the schedule performance index should be less than 0.93. The NHH Project has a budget at completion of
$945,000 and is 45 percent complete though the project should be 49 percent complete. The project has spent
$455,897 to reach the 45 percent complete milestone.
What is the project’s schedule performance index?


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