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?
How many risk response types are available for a negati…
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?
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?
How often should you and the project team do risk ident…
You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks that need to be analyzed. How often should you and the project team do risk identification?
Which of the following objectives are defined by integr…
Which of the following objectives are defined by integrity in the C.I.A triad of information security systems?
Each correct answer represents a part of the solution. Choose three.
Which one of the following is NOT a valid reason to uti…
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?
Which one of the following is the only output for the q…
Which one of the following is the only output for the qualitative risk analysis process?
Which of the following NIST Special Publication documen…
Which of the following NIST Special Publication documents provides a guideline on network security testing?
Which of the following are included in Physical Controls?
Which of the following are included in Physical Controls?
Each correct answer represents a complete solution. Choose all that apply.
What risk identification approach are you using in this…
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?