Which plan risk management process tool and technique should Fred use to plan risk management?
Fred is the project manager of a large project in his organization. Fred needs to begin planning the
risk management plan with the project team and key stakeholders. Which plan risk management
process tool and technique should Fred use to plan risk management?
Which statement best describes quality control for a project within your program?
Part of your job as the program manager is to coach the project managers on their duties and goals. One of the project managers, Holly, is having trouble discerning the difference between quality assurance and quality control. She understands that she needs both to help you reach the program goals. Which statement best describes quality control for a project within your program?
what other documentation will need to be updated as an output of risk response planning?
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Joan is the project manager of the BTT project for her company. She has worked with her project
to create risk responses for both positive and negative risk events within the project. As a result of
this process Joan needs to update the project document updates. She has updated the
assumptions log as a result of the findings and risk responses, but what other documentation will
need to be updated as an output of risk response planning?
Which project management meeting allows stakeholders to meet one another and to learn about the project?
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Which project management meeting allows stakeholders to meet one another and to learn about the project?
What will you reply to your team member?
You work as a project manager for BlueWell Inc. You with your team are using a method or a
(technical) process that conceives the risks even if all theoretically possible safety measures
would be applied. One of your team member wants to know that what is a residual risk. What will
you reply to your team member?
What else should you, the program manager, create at this time?
You are the program manager of the NHQ Program. The program has reached its final deliverable and the certificate of completion has been created for the program. What else should you, the program manager, create at this time?
what Stephen should do with these risk events?
Stephen is the project manager of the GBB project. He has worked with two subject matter experts
and his project team to complete the risk assessment technique. There are approximately 47 risks
that have a low probability and a low impact on the project. Which of the following answers best
describes what Stephen should do with these risk events?
What type of a document should Ned send to the vendor?
Ned is the program manager for his organization and he’s considering some new materials for his program. He and his team have never worked with these materials before and he wants to ask the vendor for some additional information, a demon, and even some samples. What type of a document should Ned send to the vendor?
Why is the schedule management plan needed for quantitative risk analysis?
Mary is the project manager for the BLB project. She has instructed the project team to assemble,
to review the risks. She has included the schedule management plan as an input for the
quantitative risk analysis process. Why is the schedule management plan needed for quantitative
risk analysis?
what is the cost variance (CV)?
If a program has a budget of completion of $550,000, is 25 percent complete, and has spent $135,000 what is the cost variance (CV)?