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?

Which of the following elements of planning gap measures the gap between the total potential for

the market and the actual current usage by all the consumers in the market?

Mark is the project manager of the BFL project for his organization. He and the project team are
creating a probability and impact matrix using RAG rating. There is some confusion and
disagreement among the project team as to how a certain risk is important and priority for attention
should be managed. Where can Mark determine the priority of a risk given its probability and
impact?

Which of the following processes is responsible for low risk, frequently occurring low cost
changes?

You are a management consultant. WebTech Inc., an e-commerce organization, hires you to
analyze its SWOT. Which of the following factors will you not consider for the SWOT analysis?

You work as a project manager for BlueWell Inc. You are working on a project and the
management wants a rapid and cost-effective means for establishing priorities for planning risk
responses in your project. Which risk management process can satisfy management’s objective
for your project?

You are the project manager for your organization and you are working with Thomas, a project
team member. You and Thomas have been working on a specific risk response for a probable risk
event in the project. Thomas is empowered with a risk response and will control all aspects of the
identified risk response in which a particular risk event will happen within the project. What title, in
regard to risk, is bestowed on Thomas?

Which of the following essential elements of IT Portfolio Investment Management drives better
decisions by providing real-time portfolio performance information in personalized views, such as
cost/benefit summary, risk versus reward, ROI versus alignment, and balance bubble charts?

DRAG DROP
Val IT is a suite of documents that provide a framework for the governance of IT investments,
produced by the IT Governance Institute (ITGI). It is a formal statement of principles and
processes for IT portfolio management. Drag and drop the correct domain (‘Portfolio management’) next to the IT processes defined by Val IT.

What are the various phases of the Software Assurance Acquisition process according to the U.S.
Department of Defense (DoD) and Department of Homeland Security (DHS) Acquisition and
Outsourcing Working Group?