1. Which of the following strategies is not used for negative risks? Transfer Av
ID: 381381 • Letter: 1
Question
1. Which of the following strategies is not used for negative risks?
Transfer
Avoid
Exploit
Mitigate
5 points
QUESTION 2
1. Conflict management techniques that may be used on a project include confronting, smoothing, forcing, and:
withdrawing
directing
organizing
controlling
5 points
QUESTION 3
1. A group of related projects is known as a(n):
Project
Operations
Program
Portfolio
5 points
QUESTION 4
1. Which of the following is not an example of Organizational Process Assets
Policies
Procedures
Government Regulation
Lessons Learned
5 points
QUESTION 5
1. During which phase of the project will risks be the highest?
Initiating
Planning
Execution
Closing
5 points
QUESTION 6
1. Which is one example of Crashing?
Starting a few activities simultaneously
Adding more resources
Reducing resources
Increasing the duration of the project
5 points
QUESTION 7
1. You want to group your project stakeholders based on their authority and involvement in the project. Which of the following is appropriate for this?
Power/Interest Grid
Power/Influence Grid
Influence/Impact Grid
Power/Impact Grid
5 points
QUESTION 8
1. During which risk management process is a determination to transfer a risk made?
Identify Risks
Perform Quantitative Risk Analysis
Plan Risk Response
Monitor and Control Risks
5 points
QUESTION 9
1. Which document is created by breaking the project scope into smaller manageable elements?
Scope Baseline
OBS
WBS
None of the above
5 points
QUESTION 10
1. Which of the following is not an output of a project?
Developing a new car
The production of cars
An enhancement to the car
Completing research on a car
5 points
QUESTION 11
1. An activity has an early start (ES) of day 3, a late start (LS) of day 13, an early finish (EF) of day 9, and a late (LF) of day 19. The activity :
is on the critical path
has a lag
is progressing well
is not on the critical path
5 points
QUESTION 12
1. Which of the following is not true?
Every project is unique
A project is unique
Projects are not repetitive
Car manufacturing is an example of a project
5 points
QUESTION 13
1. The most important part of stakeholder management is:
Ensuring all stakeholders are communicated with the same
Good relationships are established with all stakeholders
Challenging stakeholders are avoided and added to the risk register
Changes are made to the project schedule
5 points
QUESTION 14
1. During risk management activities, 236 risks have been identified which are caused by 13 root causes. You could eliminate 234 risks by your risk management activities. For the remaining 2 risks, you, together with your team, could not find a way to mitigate or insure the risks. Also these 2 risks cannot be outsourced or removed from the project scope. What is the best solution?
Transfer the risk
Mitigate the risk
Avoid the risk
Accept the risk
5 points
QUESTION 15
1. You are a new project manager who has never managed a project before. It would be best in this situation to rely on _______ during planning in order to improve your chances of success.
Your intuition and training
Stakeholder analysis
Historical information
Configuration management
5 points
QUESTION 16
1. A project has more than one critical path. What does this mean to you?
Risk increases
Risk decreases
The duration of the project is reduced
The project may cost less
5 points
QUESTION 17
1. What is the most important criterion when an organization chooses a project-selection model?
Organizational fit
Flexibility
Cost
Capability
5 points
QUESTION 18
1. Your project is late and to bring it back on track you are adding extra resources to some activities and giving overtime to your team members. This is an example of:
Critical Chain
Fast Tracking
Resource Leveling
Crashing
5 points
QUESTION 19
1. Which of the following risks will be managed with the Contingency Reserve?
Known Risks
Unknown Risks
Low Priority Risks
High Priority Risks
5 points
QUESTION 20
1. In which phase(s) do you identify project stakeholders?
Initiating, Planning, Execution
Initiating and Planning
Initiating, Planning, and Monitoring & Controlling
All phases
Transfer
Avoid
Exploit
Mitigate
Explanation / Answer
1. Exploit. Negative risk strategies are transfer avoid mitigate and accept.
2. Withdrawing. It is better to walk away when people frustrate.
3. Program. A coordinated group of related projects
4. Govt regulation. This is not specific to organization
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