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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Risk Analysis | 23% | - Perform qualitative risk analysis - Prioritize risks - Assess probability and impact - Perform quantitative risk analysis - Use simulation and modeling techniques |
| Topic 2: Risk Identification | 23% | - Capture opportunities as well as threats - Apply identification techniques - Document risks and characteristics - Update risk register - Identify internal and external risks |
| Topic 3: Risk Monitoring and Reporting | 19% | - Update risk register and documents - Communicate risk status to stakeholders - Track effectiveness of responses - Capture lessons learned - Monitor identified risks and triggers - Identify new and emerging risks |
| Topic 4: Risk Strategy and Planning | 22% | - Integrate risk management into project lifecycle - Develop risk management strategy - Create risk management plan - Define risk appetite, threshold, and tolerance - Align risk management with organizational and project objectives |
| Topic 5: Risk Response Planning | 13% | - Develop response strategies for threats and opportunities - Integrate responses into project plan - Assign owners and responsibilities - Select appropriate response actions |
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NEW QUESTION # 66
There are seven risk responses for any project. Which one of the following is a valid risk response for a negative risk event?
Answer: A
NEW QUESTION # 67
A project manager has requested a risk manager facilitate risk identification on a project. While facilitating this effort, the project manager wants to ensure that stakeholders interact and provide their expertise so that an exhaustive list of risks is created.
Which risk identification technique should the risk manager use?
Answer: D
Explanation:
Explanation
The risk identification technique that the risk manager should use is the nominal group technique. This technique involves bringing stakeholders together to brainstorm potential risks and then ranking them based on their importance. This allows for interaction and collaboration among stakeholders, which can help ensure that an exhaustive list of risks is created.
NEW QUESTION # 68
During the design phase the project team is exploring various architecture options. After reviewing the results of design pilot, two conflicting infrastructure pieces were identified.
What action should the project manager take?
Answer: B
NEW QUESTION # 69
Which one of the following is the only output for the qualitative risk analysis process?
Answer: C
NEW QUESTION # 70
You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal?
Answer: A
NEW QUESTION # 71
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