What is the purpose of a decision tree?

Executing the risk response plan in order to react to risk events throughout the project is called:

What is the difference between management reserves and contingency reserves?

A project manager is asked to select a contract type for a new software development project that has complete, detailed requirements. Which is the BEST contract to choose?

The project manager and project sponsor are discussing the project costs and whether it is better to have their own company do part of the project or hire another company to do the work. If they asked for your opinion, you might say it would be better to do the work yourself if:

Formal written correspondence with the customer is required when:

Extensive use of ___ communication is MOST likely to aid in solving complex problems.

Which of the following techniques incorporates a form of risk assessment?

A project manager is creating a risk response plan. However, every time a risk response is suggested, another risk is identified that is caused by the response. Which of the following is the BEST thing for the project manager to do?

If a risk has a 20 percent chance of happening in a given month, and the project is expected to last five months, what is the probability that this risk event will occur during the fourth month of the project?