Which risk diagramming technique you will use to communicate the causes of risk events to project stakeholders
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You work as a project manager for BlueWell Inc. You have to communicate the causes of risk
events to the stakeholders. Which risk diagramming technique you will use to communicate the
causes of risk events to project stakeholders?
Which one of the following will NOT help Wendy to perform this project management activity?
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Wendy is about to perform qualitative risk analysis on the identified risks within her project. Which
one of the following will NOT help Wendy to perform this project management activity?
Which modeling technique can help Frances to accomplish this goal?
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Frances is the project manager of a project in her organization. This project has a budget of
$567,000 and is schedule to last for three years. Frances wants to examine the risk events to
determine which risk events have the most potential impact on the project. Which modeling
technique can help Frances to accomplish this goal?
which item?
You are the project manager for BlueWell Inc. You are reviewing the risk register for your project.
The risk register provides much information to you, the project manager and to the project team
during the risk response planning. All of the following are included in the risk register except for
which item?
which one?
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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. You will need all of the following as inputs to the
qualitative risk analysis process except for which one?
Which of the following components ensures that risks are examined for all new proposed change requests in the
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Which of the following components ensures that risks are examined for all new proposed change
requests in the change control system?
What answer best resolves the difficulty of risk management practices and the effort required?
Elizabeth is a project manager for her organization and she finds risk management to be very
difficult for her to manage. She asks you, a lead project manager, at what stage in the project will
risk management become easier. What answer best resolves the difficulty of risk management
practices and the effort required?
What type of a response strategy is this?
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Mary is the project manager of the HGH Project for her company. She and her project team have
agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG
Company to fulfill the order. The NBG Company can guarantee orders within three days, but the
costs of their products are significantly more expensive than the current vendor. What type of a
response strategy is this?
Why would the project manager need to update the WBS after the risk response planning process?
You are the project manager of the GHY Project for your company. You have completed the risk
response planning with your project team. You now need to update the WBS. Why would the
project manager need to update the WBS after the risk response planning process? Choose the
best answer.
What is the likely outcome of creating this type of chart?
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Your project has several risks that may cause serious financial impact should they happen. You
have studied the risk events and made some potential risk responses for the risk events but
management wants you to do more. They’d like for you to create some type of a chart that
identified the risk probability and impact with a financial amount for each risk event. What is the
likely outcome of creating this type of chart?