Ruth is the project manager of ISFH project for her company. This project is forty percent
complete and it appears that some risk events are going to happen in the project that will have an
adverse affect on the project. Ruth creates a change request regarding the risks. Is this a valid
response?

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Henry is the project manager of the QBG Project for his company. This project has a budget of
$4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project,
has introduced a scope change request for additional deliverables as part of the project work.
What component of the change control system would review the proposed changes’ impact on the
features and functions of the project’s product?

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You are the project manager for BlueWell Inc. Your current project is a high priority and high
profile project within your organization. You want to identify the project stakeholders that will have
the most power in relation to their interest on your project. This will help you plan for project risks,
stakeholder management, and ongoing communication with the key stakeholders in your project.
In this process of stakeholder analysis, what type of a grid or model should you create based on

these conditions?

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You work as the project manager for BlueWell Inc. You are monitoring the project performance.
You want to make a decision to change the project plan to eliminate a risk in order to protect the
project objectives. Which of the following strategies will you use to tackle the risk?

Lisa is the project manager of the FKN project for her organization. She is working with Sam, the
CIO, to discuss a discount the vendor has offered the project based on the amount of materials
that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the
discounted materials the savings is nominal and they would not necessarily pursue the savings.
Lisa documents this positive risk response in the risk register. What risk response is this?

You are preparing to complete the quantitative risk analysis process with your project team and
several subject matter experts. You gather the necessary inputs including the project’s cost
management plan. Why is it necessary to include the project’s cost management plan in the

preparation for the quantitative risk analysis process?

You and your project team are identifying the risks that may exist within your project. Some of the
risks are small risks that won’t affect your project much if they happen. What should you do with
these identified risk events?

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You are the project manager of a new project in your organization. You and the project team have
identified the project risks, completed risk analysis, and are planning the most appropriate risk
responses. Which of the following tools is most effective to choose the most appropriate risk
response?

You are the project manager of the NNQ Project for your company and are working with your
project team to define contingency plans for the risks within your project. Mary, one of your project
team members, asks what a contingency plan is. Which of the following statements best defines
what a contingency response is?

[tagged]
Who is responsible for the stakeholder expectations management in a high-profile, high-risk
project?