Which of the following virtual cubes contains the project risks and issues related information?
A.
MSP_PROJECT_TIMESHEET
B.
MSP_PORTFOLIO_ANALYZER
C.
MSP_PROJECT_WSS
D.
MSP_PROJECT_ANALYZER
Explanation:
The virtual cube MSP_PROJECT_WSS combines information from the Project Non- Timephased, Issues, Risks, and Deliverables cubes. The MSP_Project_WSS virtual cube is used to combine information from the Project Non-Timephased, Issues, Risks, and Deliverables cubes. Answer option D is incorrect. There is no such virtual cube as MSP_PROJECT_ANALYZER. Answer option A is incorrect. The MSP_PROJECT_TIMESHEET virtual cube combines the assignment timephased, resource timephased, and EPM timesheet cubes. The MSP_Project_Timesheet virtual cube is used to combine the Assignment Timephased, Resource Timephased, and EPM Timesheet cubes.
Answer option B is incorrect. The MSP_PORTFOLIO_ANALYZER virtual cube is a combination of the assignment timephased and resource timephased cubes. The MSP_Portfolio_Analyzer cube is used to combine the Assignment Timephased and Resource Timephased cubes. The Portfolio Analyzer cube is also backward compatible with the Project Server 2003 MSP_Portfolio_Analyzer cube.
What is the risk management?
The risk management is considered as the identification, assessment, and prioritization of risks. It is followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attacks from an adversary.
What is the issue management?
The issue management is used to help organize and prioritize the current challenges that threaten project success. They are different from the risks in the way that they have already occurred and usually require some immediate attention. Instead of languishing in inaction, issues are often taken care of quickly by documenting, analyzing, and assigning them to be resolved. Issue management should be used by all projects to help resolve what is important versus what is not.