When should the risk categories have been created?
You are completing the qualitative risk analysis process with your project team and are relying on
the risk management plan to help you determine the budget, schedule for risk management, and
risk categories. You discover that the risk categories have not been created. When should the risk
categories have been created?
What should you do next in regard to the vendor’s invoice?
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You are the program manager for your organization that utilizes vendors from several different organizations. A vendor has submitted an invoice for the work they have completed in your program. You have reviewed the work results and agree with the vendor that their contractual obligation is complete. What should you do next in regard to the vendor’s invoice?
how much will be left in the contingency reserve?
You are the project manager of the HJH project for your company. In your project, you have
created the probability-impact risk matrix as shown in the following figure:
If Risk D happens in this project, how much will be left in the contingency reserve?
What is the schedule performance index (SPI) for this program?
You are the program manager for your organization. Your program has a budget of $750,000 and is expected to last one year. The program is currently 30 percent complete and has spent $245,000. The program is supposed to be 40 percent at this time. What is the schedule performance index (SPI) for this program?
which one?
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The only output of the perform qualitative risk analysis are risk register updates. When the project
manager updates the risk register he will need to include several pieces of information including all
of the following except for which one?
you need to create for each constituent project in your program to ensure that each project manager can use th
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You are the program manager for your organization and you are preparing to launch several constituent projects within your program. You need to ensure that each project manager is authorized to utilize the appropriate project and program resources in order to complete the project requirements. What document do you need to create for each constituent project in your program to ensure that each project manager can use the appropriate resources?
Who is correct in this scenario?
Nancy is the project manager of the NHH project. She and the project team have identified a
significant risk in the project during the qualitative risk analysis process. Bob is familiar with the
technology that the risk is affecting and proposes to Nancy a solution to the risk event. Nancy tells
Bob that she has noted his response, but the risk really needs to pass through the quantitative risk
analysis process before creating responses. Bob disagrees and ensures Nancy that his response
is most appropriate for the identified risk. Who is correct in this scenario?
What is a portfolio?
An organization supports both programs and projects for various industries. What is a portfolio?
Which of the following diagrams displays sensitivity analysis data?
Which of the following diagrams displays sensitivity analysis data?
What solution can Joan implement to capture, communicate, and record the information management wants?
Joan is the program manager for her organization. Management has asked her to create a centralized reporting system to capture information on program work, risks, changes, benefits management, and other aspects of the program. What solution can Joan implement to capture, communicate, and record the information management wants?