Project Risk Management - CH 11

In the Perform Quantitative Risk Analysis process, which data analysis technique analyzes the potential impact of risk events on a project? a) simulation b) sensitivity analysis c) influence diagram d) decision tree analysis

b) sensitivity analysis

Which of the following defines the approaches, tools, and data sources used to perform risk management on the project? a) methodology b) roles and responsibilities c) budgeting d) timing

a) methodology

Where are the details of identified individual project risks documented? a) risk register b) risk management plan c) risk strategy d) risk report

a) risk register

Which of the following is the strategy for positive risks? a) share b) avoid c) transfer d) mitigate

a) share

Which information is described in the work performance report of the Monitor Risks process? a) variance analysis b) symptoms and warning signs of risk c) list of potential risk responses d) number of active and closed out risks

a) variance analysis

Which technique of the Implement Risk Responses process includes cost software for ensuring that agreed-upon risk response plans are integrated into the project in parallel to other activities? a) risk probability b) PMIS c) data anlysis d) expert judgement

b) PMIS

Which technique is considered for the effectiveness of the risk management process in the Monitor Risks process? a) risk categorization b) audit c) root cause analysis d) brainstorming

b) audit

After implementing the risk responses result in a change requests, which process reviews and dispositions these changes? a) control procurements b) perform integrated change control c) monitor and control project work d) plan risk responses

b) perform integrated change control

Which of the following is the process of defining how to conduct risk management activities for a project? a) monitor risks b) plan risk management c) identify risks d) perform qualitative risk analysis

b) plan risk management

Which of the following is the process of developing options and actions to enhance opportunities, and to reduce threats to project objectives? a) plan risk management b) plan risk responses c) monitor risks d) perform qualitative risk analysis

b) plan risk responses

Which data analysis technique is used in the Monitor Risks process? a) root cause analysis b) reserve analysis c) risk data quality assessment d) SWOT analysis

b) reserve analysis

Which of the following documents is an output of the Plan Risk Management process? a) risk register b) risk management plan c) stakeholder register d) project charter

b) risk management plan

Which of the following contains the list of identified risks that will be the key input to qualitative risk analysis? a) risk management plan b) risk register c) organizational process asset d) project scope statement

b) risk register

Which of the following is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact? a) monitor risks b) plan risk mangement c) perform qualitative risk analysis d) perform quantitative risk analysis

c) perform qualitative risk analysis

_________ is the period of time within which a response to the risk is to be implemented in order to be effective. a) dormancy b) proximity c) urgency d) propinquity

c) urgency

Which of the following strategies is used to increase the probability and/or the positive impacts of an opportunity? a) exploit b) share c) accept d) enhance

d) enhance

Which of the following is the process of determining which risks may affect the project and documenting their characteristics? a) plan risk management b) monitor risks c) perform quantitative risk analysis d) identify risks

d) identify risks

Which of the following is the graphical representation of a situation showing casual influences, time ordering of events, and other relationships among variables and outcomes? a) cause and effect diagram b) system or process flow charts c) pareto chart d) influence diagram

d) influence diagram

Which process improves the project's performance by focusing on high-priority risks? a) identify risks b) plan risk responses c) implement risk responses d) perform qualitative risk analysis

d) perform qualitative risk analysis

On which of the following documents do you work throughout the risk management processes? a) risk management plan b) project charter c) project management plan d) risk register

d) risk register