[tagged]
Beth is a project team member on the JHG Project. Beth has added extra features to the project
and this has introduced new risks to the project work. The project manager of the JHG project
elects to remove the features Beth has added. The process of removing the extra features to
remove the risks is called what?

Fill in the blank with an appropriate phrase. The _________ is the risk or danger of an action or an
event, a method or a (technical) process that still conceives these dangers even if all theoretically
possible safety measures would be applied.

[tagged]
You work as a project manager for BlueWell Inc. You would like to utilize sensitivity analysis in
your project, but the management does not understand how this will be displayed. What type of
chart is usually used with sensitivity analysis to show the relative affect of risks on the project?

Which positive risk response best describes a teaming agreement?

Gary is the project manager of the MMQ project for his company. He is working with his project
team to plan the risk responses for his project. Sarah, a project team member, does not

understand the process that Gary is using to plan the risk responses. Which approach is the
preferred method to address project risks and the risk responses?

Ned is the project manager of the HNN project for your company. Ned has asked you to help him
complete some probability distributions for his project. What portion of the project will you most
likely use for probability distributions?

[tagged]
You are the project manager of a large, high-profile project in your organization. You have realized
that politics within your company may affect the true identification of risk events within the project.
You decide that you’d like to use a method to identify risk events through an anonymous process.
Which one of the following risk events will allow you to collect and distribute risk information
without the stakeholders knowing what other stakeholders are communicating about the project
risk events?

You are the project manager of the NNH Project. In this project you have created a contingency
response that the schedule performance index should be less than 0.93. The NHH Project has a
budget at completion of $945,000 and is 45 percent complete though the project should be 49
percent complete. The project has spent $455,897 to reach the 45 percent complete milestone.
What is the project’s schedule performance index?

David is the project manager of HGF project for his company. David, the project team, and several
key stakeholders have completed risk identification and are ready to move into qualitative risk
analysis. Tracy, a project team member, does not understand why they need to complete
qualitative risk analysis. Which one of the following is the best explanation for completing
qualitative risk analysis?

[tagged]
You work as a project manager for BlueWell Inc. Your project is running late and you must
respond to the risk. Which risk response can you choose that will also cause you to update the
human resource management plan?