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?

Management wants you to create a visual diagram of what resources will be utilized in the project
deliverables. What type of a chart is management asking you to create?

You are the project manager of the CUL project in your organization. You and the project team are
assessing the risk events and creating a probability and impact matrix for the identified risks.
Which one of the following statements best describes the requirements for the data type used in
qualitative risk analysis?

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 the project manager of the GHY Project and would like to perform a review of your project
from several different characteristics. You would like to review what worked in the project and what
needed improvement. What type of analysis would be most appropriate for the end of project
review?

Which of the following best describes the identification, analysis, and ranking of risks?

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?

Which of the following stages of the Forrester’s IT Governance Maturity Model describes that the
IT governance processes is fully developed and optimized across the enterprise, and a well-built
IT portfolio management process is put to ensure that all IT investment decisions are themselves
optimized?

You are the project manager of the NHQ Project for your company. You have completed
qualitative and quantitative analysis of your identified project risks and you would now like to find
an approach to increase project opportunities and to reduce threats within the project. What
project management process would best help you?

Jane is the project manager of the GBB project for her company. In the current project a vendor
has offered the project a ten percent discount based if they will order 100 units for the project. It is
possible that the GBB Project may need the 100 units, but the cost of the units is not a top priority

for the project. Jane documents the offer and tells the vendor that they will keep the offer in mind
and continue with the project as planned.
What risk response has been given in this project?