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What are the requirements of monitoring risk?
What are the requirements of monitoring risk? Each correct answer represents a part of the solution. Choose three.A . Information of various stakeholdersB . Preparation of detailed monitoring planC . Identifying the risk to be monitoredD . Defining the project's scopeView AnswerAnswer: BCD Explanation: It is important to first understand...
What is the primary advantage to group risks by common causes during qualitative risk analysis?
Courtney is the project manager for her organization. She is working with the project team to complete the qualitative risk analysis for her project. During the analysis Courtney encourages the project team to begin the grouping of identified risks by common causes. What is the primary advantage to group risks...
What Risk Priority Number (RPN) you would give to it?
You are the risk official in Bluewell Inc. You are supposed to prioritize several risks. A risk has a rating for occurrence, severity, and detection as 4, 5, and 6, respectively. What Risk Priority Number (RPN) you would give to it?A . 120B . 100C . 15D . 30View AnswerAnswer:...
What is this poor quality of password and unsafe transmission refers to?
You are using Information system. You have chosen a poor password and also sometimes transmits data over unprotected communication lines. What is this poor quality of password and unsafe transmission refers to?A . ProbabilitiesB . ThreatsC . VulnerabilitiesD . ImpactsView AnswerAnswer: C Explanation: Vulnerabilities represent characteristics of information resources that...
When you fast track the project, what is likely to increase?
You work as the project manager for Bluewell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decide, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project, what...
Which one of the following is NOT an input to quantitative risk analysis process?
There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to quantitative risk analysis process?A . Risk management planB . Enterprise environmental factorsC . Cost management planD . Risk registerView AnswerAnswer: B Explanation: Enterprise environmental factor is not an input to...
Which of the following role carriers is accounted for analyzing risks, maintaining risk profile, and risk-aware decisions?
Which of the following role carriers is accounted for analyzing risks, maintaining risk profile, and risk-aware decisions?A . Business managementB . Business process ownerC . Chief information officer (CIO)D . Chief risk officer (CRO)View AnswerAnswer: D Explanation: Business management is the business individuals with roles relating to managing a program....
Which of the following risks refer to probability that an actual return on an investment will be lower than the investor's expectations?
Which of the following risks refer to probability that an actual return on an investment will be lower than the investor's expectations?A . Integrity riskB . Project ownership riskC . Relevance riskD . Expense riskView AnswerAnswer: D Explanation: Probability that an actual return on an investment will be lower than...
Which one of the following statements best addresses when a project risk actually happens?
You are a project manager for your organization and you're working with four of your key stakeholders. One of the stakeholders is confused as to why you're not discussing the current problem in the project during the risk identification meeting. Which one of the following statements best addresses when a...
Which of the following is true for Cost Performance Index (CPI)?
Which of the following is true for Cost Performance Index (CPI)?A . If the CPI > 1, it indicates better than expected performance of projectB . CPI = Earned Value (EV) * Actual Cost (AC)C . It is used to measure performance of scheduleD . If the CPI = 1,...
