Which of the following inputs will be needed for the qualitative risk analysis process in your project?
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You work as a project manager for SoftTech Inc. You are working with the project stakeholders to
begin the qualitative risk analysis process. Which of the following inputs will be needed for the
qualitative risk analysis process in your project? Each correct answer represents a complete
solution. Choose all that apply.
What document defines how these things can be transferred from the program to the organization?
Joan is the program manager for her organization. Throughout the program life cycle there will be several elements, resources, and benefits that can be transitioned from her program to the organization. What document defines how these things can be transferred from the program to the organization?
What project management component is responsible for evaluating a change request and its impact on all of the
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You are the project manager of the HJU project for your company. This project will last for 18
months and has a project budget of $567,000. Robert, one of your stakeholders, has introduced a
scope change request that will likely have an impact on the project costs and schedule. Robert
assures you that he will pay for the extra time and costs associated with the risk event. You tell
Robert that the change request may affect more areas of the project than just time and cost and
that you are worried about the additional risks the change request will bring. What project
management component is responsible for evaluating a change request and its impact on all of
the project management knowledge areas?
what type of risk response?
You are the program manager for a construction program. In this program you are requiring that all workers adhere to the identified safety requirements. Some of the work in the program you’ve decided is too risky for the program team members so you’ve hired specialists to manage the dangerous work. The outsourcing of the dangerous work to a specialist is what type of risk response?
What approach can Amy take to create a bias against risks that will affect the schedule of the project?
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?
When will the lessons learned documentation be created?
You are the program manager for your organization and management has asked you to be certain to finalize the lessons learned documentation for your program. When will the lessons learned documentation be created?
What type of risk response has Adrian used in this example?
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?
What term is assigned to the forms, templates, and software that your program will provide for your projects?
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You are the program manager for the HQM Program. Your program has sixteen constituent projects around the world. You are requiring that each project manager and project management team use the same forms, software, and templates to create standardization in each project. What term is assigned to the forms, templates, and software that your program will provide for your projects?
What risk response has Linda used in this instance?
Linda is the project manager of the NAB Project. One of the risks her project team has identified is
too dangerous for the project team to manage internally so she has hired a vendor to complete
this portion of the project and to manage the identified risk. What risk response has Linda used in
this instance?
what process?
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You are the program manager of a new program in your organization. This program will last for one year and your program team will work full-time on the effort. The nature of the work requires that the program team work closely together for the next year, but many of the program team members have never met one another. You decide to take the team on an outing where they can work together through challenges, learn teamwork, and get to know one another. This is an example of what process?