Gary is the project manager of his organization. He is managing a project that is similar to a
project his organization completed recently. Gary has decided that he will use the information from

the past project to help him and the project team to identify the risks that may be present in the
project. Management agrees that this checklist approach is ideal and will save time in the project.
Which of the following statement is most accurate about the limitations of the checklist analysis
approach for Gary?

[tagged]
You are the project manager of the GGG project. You have completed the risk identification
process for the initial phases of your project. As you begin to document the risk events in the risk
register what additional information can you associate with the identified risk events?

You are the project manager for the TTR project. You are in the process of gathering information
for risk identification. You ask experts to participate in the process through their emails for
maintaining anonymity. You collect the responses, summarize them, and are then re-circulated to
the experts for further comment. Which of the following techniques are you using for risk
identification?

Ben is the project manager of the CMH Project for his organization. He has identified a risk that
has a low probability of happening, but the impact of the risk event could save the project and the
organization with a significant amount of capital. Ben assigns Laura to the risk event and instructs
her to research the time, cost, and method to improve the probability of the positive risk event. Ben
then communicates the risk event and response to management. What risk response has been
used here?

[tagged]
Your project uses a piece of equipment that if the temperature of the machine goes above 450
degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this
machine overheat even once it will delay the project’s end date. You work with your project to
create a response that should the temperature of the machine reach 430, the machine will be
paused for at least an hour to cool it down. The temperature of 430 is called what?

You are the project manager of the GHQ project for your company. You are working with your
project team to prepare for the qualitative risk analysis process. Mary, a project team member,
does not understand why you need to complete qualitative risks analysis. You explain to Mary that
qualitative risks analysis helps you determine which risks needs additional analysis. There are
also some other benefits that qualitative risks analysis can do for the project. Which one of the
following is NOT an accomplishment of the qualitative risk analysis process?

[tagged]
When does the Identify Risks process take place in a project?

[tagged]
Sam is the project manager of a construction project in south Florida. This area of the United
States is prone to hurricanes during certain parts of the year. As part of the project plan Sam and
the project team acknowledge the possibility of hurricanes and the damage the hurricane could
have on the project’s deliverables, the schedule of the project, and the overall cost of the project.
Once Sam and the project stakeholders acknowledge the risk of the hurricane they go on planning
the project as if the risk is not likely to happen. What type of risk response is Sam using?

[tagged]
You are the project manager of a large project that will last four years. In this project, you would
like to model the risk based on its distribution, impact, and other factors. There are three modeling
techniques that a project manager can use to include both event-oriented and project-oriented
analysis. Which modeling technique does NOT provide event-oriented and project-oriented
analysis for identified risks?

You are the project manager of the GHY project for your company. This project has a budget of
$543,000 and is expected to last 18 months. In this project, you have identified several risk events
and created risk response plans. In what project management process group will you implement
risk response plans?