You and your project team are identifying the risks that may exist within your project. Some
of the risks are small risks that won’t affect your project much if they happen. What should
you do with these identified risk events?

Your project uses a piece of equipment that if the temperature of the machine goes above
450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours.
Should this machine overheat even once it will delay the project’s end date. You work with
your project to create a response that should the temperature of the machine reach 430, the
machine will be paused for at least an hour to cool it down. The temperature of 430 is called
what?

Adrian is the project manager of the NHP Project. In her project there are several work
packages that deal with electrical wiring. Rather than to manage the risk internally she has
decided to hire a vendor to complete all work packages that deal with the electrical wiring.
By removing the risk internally to a licensed electrician Adrian feels more comfortable with
project team being safe. What type of risk response has Adrian used in this example?

Which of the following is an entry in an object’s discretionary access control list (DACL) that
grants permissions to a user or group?

You are the project manager for your organization. You have identified a risk event you’re
your organization could manage internally or externally. If you manage the event internally it
will cost your project $578,000 and an additional $12,000 per month the solution is in use. A
vendor can manage the risk event for you. The vendor will charge $550,000 and $14,500
per month that the solution is in use. How many months will you need to use the solution to
pay for the internal solution in comparison to the vendor’s solution?

Which of the following refers to the ability to ensure that the data is not modified or
tampered with?

Management wants you to create a visual diagram of what resources will be utilized in the
project deliverables. What type of a chart is management asking you to create?

You are preparing to start the qualitative risk analysis process for your project. You will be
relying on some organizational process assets to influence the process. Which one of the
following is NOT a probable reason for relying on organizational process assets as an input
for qualitative risk analysis?

System Authorization is the risk management process. System Authorization Plan (SAP) is
a comprehensive and uniform approach to the System Authorization Process. What are the
different phases of System Authorization Plan? Each correct answer represents a part of
the solution. Choose all that apply.

A part of a project deals with the hardware work. As a project manager, you have decided to
hire a company to deal with all hardware work on the project. Which type of risk response is
this?