What will be the expected monetary value of this risk event?
You work as a project manager for BlueWell Inc. You are performing the quantitative risk analysis
for your project. One of the project risks has a 50 percent probability of happening, and it will cost
the project $55,000 if the risk happens. What will be the expected monetary value of this risk
event?
what a program is for Bonnie?
You are the program manager for your organization and are coaching Bonnie, a project manager, who would like to be a program manager wants to know what a program is. Which one of the following statements best defines what a program is for Bonnie?
What is the sensitivity analysis?
Joyce is the project manager for her company. Joyce and her project team are working through
the quantitative analysis for certain risk events within her project. According to the enterprise
environmental factors the project manager is to perform sensitivity analysis on any risk with an
impact greater than $5,000 in the project. What is the sensitivity analysis?
What duration compression technique typically adds risk when it’s used during a program?
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What duration compression technique typically adds risk when it’s used during a program?
How many risk response types are available for a negative risk event in the project?
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your
project with your team. How many risk response types are available for a negative risk event in the
project?
What program document can Tom reference to determine the availability of certain program resources, such as ap
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Tom is the program manager for his organization. He has to balance the resources he’ll be using in the program with the demand for operations to use the same resources. What program document can Tom reference to determine the availability of certain program resources, such as application developers, engineers, and technical writers?
Which one of the following is NOT an input to the risk identification process?
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You are the project manager of the GHY project for your organization. You are working with your
project team to begin identifying risks for the project. As part of your preparation for identifying the
risks within the project you will need eleven inputs for the process. Which one of the following is
NOT an input to the risk identification process?
What plan is Molly creating in this scenario?
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Molly is the program manager for her organization and she is creating a program plan that defines the benefits of the program and how her program and team will create the benefits for the organization. What plan is Molly creating in this scenario?
Where can a project manager find risk-rating rules?
Where can a project manager find risk-rating rules?
Which of the following is NOT true regarding the program work breakdown structure (WBS)?
Which of the following is NOT true regarding the program work breakdown structure (WBS)?