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Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the q

You are the project manager of the GHG project. You are preparing for the quantitative risk
analysis process. You are using organizational process assets to help you complete the
quantitative risk analysis process. Which one of the following is NOT a valid reason to utilize

organizational process assets as a part of the quantitative risk analysis process?

What positive risk response has happened in this instance?

Eric is the project manager of the MTC project for his company. In this project a vendor has
offered Eric a sizeable discount on all hardware if his order total for the project is more than
$125,000. Right now, Eric is likely to spend $118,000 with vendor. If Eric spends $7,000 his
cost savings for the project will be $12,500, but he cannot purchase hardware if he cannot
implement the hardware immediately due to organizational policies. Eric consults with Amy
and Allen, other project managers in the organization, and asks if she needs any hardware
for their projects. Both Amy and Allen need hardware and they agree to purchase the
hardware through Eric’s relationship with the vendor. What positive risk response has
happened in this instance?

What type of risk response is Sam using?

Sam is the project manager of a construction project in south Florida. This area of the
United States is prone to hurricanes during certain parts of the year. As part of the project
plan Sam and the project team acknowledge the possibility of hurricanes and the damage
the hurricane could have on the project’s deliverables, the schedule of the project, and the
overall cost of the project. Once Sam and the project stakeholders acknowledge the risk of
the hurricane they go on planning the project as if the risk is not likely to happen. What type
of risk response is Sam using?


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