You are the project manager for your organization. You have determined that an activity is too
dangerous to complete internally so you hire licensed contractor to complete the work. The
contractor, however, may not complete the assigned work on time which could cause delays in
subsequent work beginning. This is an example of what type of risk event?

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There are five inputs to the quantitative risk analysis process. Which one of the following is NOT
an input to the perform quantitative risk analysis process?

Don has hired Jerry, a contractor, to complete a portion of his project work. The contract used was
a cost-plus contract. If Don were to perform a risk audit, who would carry the risk in this scenario?

You are the project manager of the BlueStar project in your company. Your company is structured
as a functional organization and you report to the functional manager that you are ready to move
onto the qualitative risk analysis process. What will you need as inputs for the qualitative risk
analysis of the project in this scenario?

You work as a project manager for TechSoft Inc. You are preparing to plan risk responses for your
project with your project team. How many risk responses are available for a positive risk event in
the project?

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Jeff works as a project manager for BlueWell Inc. He is determining which risks can affect the
project. Which of the following are the inputs to the identify risks process that Jeff will use to
accomplish the task? Each correct answer represents a complete solution. Choose all that apply.

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You are the project manager for the NHH project. You are working with your project team to
examine the project from four different defined perspectives to increase the breadth of identified
risks by including internally generated risks. What risk identification approach are you using in this
example?

Ben works as a project manager for the MJH Project. In this project, Ben is preparing to identify
stakeholders so he can communicate project requirements, status, and risks. Ben has elected to
use a salience model as part of his stakeholder identification process. Which of the following
activities best describes a salience model?

Gary is the project manager for his project. He and the project team have completed the
qualitative risk analysis process and are about to enter the quantitative risk analysis process when
Mary, the project sponsor, wants to know what quantitative risk analysis will review. Which of the
following statements best defines what quantitative risk analysis will review?

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____ analysis is a statistical concept that calculates the average outcome when the future includes
scenarios that may or may not happen.