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| Section | Objectives |
|---|
| Risk Response Planning | - Threat Response Strategies - Opportunity Response Strategies
|
| Risk Strategy and Planning | - Risk Management Planning - Stakeholder Engagement in Risk
|
| Risk Analysis | - Quantitative Risk Analysis - Qualitative Risk Analysis
|
| Risk Monitoring and Control | - Risk Reporting and Communication - Risk Audits and Reviews
|
| Risk Identification | - Identifying Individual Risks - Overall Project Risk Identification
|
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PMI Risk Management Professional Sample Questions (Q265-Q270):
NEW QUESTION # 265
Kelly is the project manager of the NNQ Project for her company. This project will last for one year and has a budget of $350,000. Kelly is working with her project team and subject matter experts to begin the risk response planning process. When the project manager begins the plan risk response process, what two inputs will she need?
- A. Risk register and the results of risk analysis
- B. Risk register and the risk management plan
- C. Risk register and power to assign risk responses
- D. Risk register and the risk response plan
Answer: B
NEW QUESTION # 266
You work as a project manager for BlueWell Inc. You are preparing for the risk identification process. You will need to involve several of the project's key stakeholders to help you identify and communicate the identified risk events. You will also need several documents to help you and the stakeholders identify the risk events. Which one of the following is NOT a document that will help you identify and communicate risks within the project?
- A. Risk register
- B. Activity duration estimates
- C. Stakeholder register
- D. Activity cost estimates
Answer: A
NEW QUESTION # 267
You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders - including management. You will need to update all of the following information except for which one?
- A. Probabilistic analysis of the project
- B. Trends in quantitative risk analysis
- C. Risk distributions within the project schedule
- D. Probability of achieving cost and time objectives
Answer: C
NEW QUESTION # 268
Thomas is a key stakeholder in your project. Thomas has requested several changes to the project scope for the project you are managing. Upon review of the proposed changes, you have discovered that these new requirements are laden with risks and you recommend to the change control board that the changes be excluded from the project scope. The change control board agrees with you. What component of the change control system communicates the approval or denial of a proposed change request?
- A. Change log
- B. Integrated change control
- C. Configuration management system
- D. Scope change control system
Answer: B
NEW QUESTION # 269
A project team member has just identified a new project risk. The risk event is determined to have significant impact but a low probability in the project. Should the risk event happen it'll cause the project to be delayed by three weeks, which will cause new risk in the project. What should the project manager do with the risk event?
- A. Add the identified risk to the issues log.
- B. Add the identified risk to the low-level risk watchlist.
- C. Add the identified risk to a quality control management control chart.
- D. Add the identified risk to the risk register.
Answer: D
NEW QUESTION # 270
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