You are the project manager for TTP project. You are in the Identify Risks process. You have to
create the risk register. Which of the following are included in the risk register? Each correct
answer represents a complete solution. Choose two.

Kelly is the project manager of the NNQ Project for her company. This project will last for one year
and has a budget of $350,000. Kelly is working with her project team and subject matter experts to
begin the risk response planning process. When the project manager begins the plan risk
response process, what two inputs will she need?

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John works as a project manager for BlueWell Inc. He is determining which risks can affect the
project. Which of the following inputs of the identify risks process is useful in identifying risks
associated to the time allowances for the activities or projects as a whole, with a width of the range
indicating the degrees of risk?

Your project is an agricultural-based project that deals with plant irrigation systems. You have
discovered a byproduct in your project that your organization could use to make a profit. If your
organization seizes this opportunity it would be an example of what risk response?

You work as a project manager for TechSoft Inc. You, the project team, and the key project
stakeholders have completed a round of quantitative risk analysis. You now need to update the
risk register with your findings so that you can communicate the risk results to the project
stakeholders – including management. You will need to update all of the following information
except for which one?

You are the project manager for a construction project. The project involves casting of a column in
a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill
will be required for casting that column. You decide to hire a local expert team for casting that
column. Which of the following types of risk response are you following?

There are seven risks responses that a project manager can choose from. Which risk response is
appropriate for both positive and negative risk events?

You are the project manager of the NGQQ Project for your company. To help you communicate
project status to your stakeholders, you are going to create a stakeholder register. All of the
following information should be included in the stakeholder register except for which one?

You are the project manager of the GGK project for your company. The GGK project has a budget
of $1,265,100 and is currently 40 percent complete. In this project, you elected to add labor to the
project to increase the likelihood of completing the project early as the project was only scheduled
to be 35 percent complete at this time. This positive risk response, while keeping the project
ahead of schedule, has added significant costs to the project. You have already spent $575,000 to
reach this point in the project. Management would like to know what your cost performance index
and the schedule performance index is for this project. What are these values?

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You are the project manager of the AMD project for your organization. In this project, you are
currently performing quantitative risk analysis. The tool and technique you are using is simulation
where the project model is computed many times with the input values chosen at random for each
iteration. The goal is to create a probability distribution from the iterations for the project schedule.
What technique will you use with this simulation?