You are working with the project stakeholders to analyze and prioritize their requirements for the
project. One of the project requirements is to achieve a high-level of customer satisfaction for the
project deliverable. What is the danger in this project requirement?

[tagged]
You work as a project manager for BlueWell Inc. You are preparing for the risk identification
process. You will need to involve several of the project’s key stakeholders to help you identify and
communicate the identified risk events. You will also need several documents to help you and the
stakeholders identify the risk events. Which one of the following is NOT a document that will help
you identify and communicate risks within the project?

Mark works as a project manager of the NNH project. In this project, he has created a contingency
response that the cost performance index should be less than 0.91. The NHH project has a budget
at completion of $950,000 and is 43 percent complete – though the project should be 50 percent
complete. The project has spent $470,897 to reach the 43 percent complete milestone. What is
the project’s cost performance index?

You work as a project manager for BlueWell Inc. You are involved with the project team on the
different risk issues in your project. You are using the applications of IRGC model to facilitate the
understanding and managing the rising of the overall risks that have impacts on the economy and
society. One of your team member wants to know that what is the need to use the IRGC. What will
be your reply?

Diana is the project manager of the QPS project for her company. In this project Diana and the
project team have identified a pure risk. Diana and the project team decided, along with the key
stakeholders, to remove the pure risk from the project by changing the project plan altogether.
What is a pure risk?

Management has asked you to perform a risk audit and report back on the results. Bonny, a
project team member asks you what a risk audit is. What do you tell Bonny?

Consider the risk probability-impact matrix in the figure given below:

If Risk B happens in this project, how much will be left in the contingency reserve?

[tagged]
Mary is a project manager in her organization. On her current project she is working with her
project team and other key stakeholders to identify the risks within the project. She is currently
aiming to create a comprehensive list of project risks so she is using a facilitator to help generate
ideas about project risks. What risk identification method is Mary likely using?

Mike is the project manager of the NNP Project for his organization. He is working with his project
team to plan the risk responses for the NNP Project. Mike would like the project team to work
together on establishing risk thresholds in the project. What is the purpose of a risk threshold?

You are the project manager for the ABC organization. Your current project has 75 internal
stakeholders and 245 external stakeholders. Many of the risks within your project will only affect
the internal stakeholders, but several of the identified risk events will affect the external

stakeholders. Management would like to know the total number of communication channels in the
project. How many communication channels exist in this project?