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Question
_____ involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.a. Performing quantitative risk analysis b. Planning risk responses
c. Controlling risk d. Performing qualitative risk analysis
Answer
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Related questions
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Issue logs can be used to address issues related to other knowledge areas like project scope management or project quality management.
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Sensitive information can be included in the stakeholder register as very few people in the organization have access to it.
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Groups representing consumer, environmental, or other interests can be identified as project stakeholders.
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The main output of the identifying stakeholders process is the project charter.
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The cost at which the contractor assumes total responsibility for each additional dollar of contract cost is known as a(n) _____.
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A(n) _____ decision is one in which an organization decides if it is in its best interests to make certain products or perform certain services inside the organization, or if it is better to buy them from an outside organization.
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A(n) _____ type of e-procurement that sends requests for information and prices to suppliers and receives the response of suppliers using Internet technology.
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A(n) _____ is a list of risks that are low priority, but are still identified as potential risks.
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The term _____ is used to describe risks that the project team has identified and analyzed.
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_____ is the amount of satisfaction or pleasure received from a potential payoff.
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A project _____ is an uncertainty that can have a negative or positive effect on meeting project objectives.
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_____ are unplanned responses to risk events used when project teams do not have contingency plans in place.a. Workarounds b. Fallback plansc. Contingency plans d. Triggers
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_____ applies to positive risks when the project team cannot or chooses not to take any actions toward a risk.a. Risk enhancement b. Risk acceptancec. Risk sharing d. Risk exploitation
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_____ involves allocating ownership of the risk to another party.a. Risk exploitation b. Risk sharingc. Risk enhancement d. Risk acceptance
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_____ involves shifting the consequence of a risk and responsibility for its management to a third party.a. Risk avoidance b. Risk acceptancec. Risk transference d. Risk mitigation
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_____ involves doing whatever you can to make sure the positive risk happens.a. Risk exploitation b. Risk sharingc. Risk enhancement d. Risk acceptance
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Performing qualitative and quantitative risk analyses are subprocesses of the _____ process of project risk management.a. planning b. executingc. monitoring and controlling d. closing
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Identifying risks is a subprocess of the _____ process of project risk management.a. planning b. executingc. monitoring and controlling d. closing