You are the project manager of the NKJ Project for your company. The project's success or
failure will have a significant impact on your organization's profitability for the coming year. Management has asked you to identify the risk events and communicate the event's probability and impact as early as possible in the project. Management wants to avoid risk events and needs to analyze the cost-benefits of each risk event in this project. What term is assigned to the low-level of stakeholder tolerance in this project?
Correct Answer:
B
Which types of project tends to have more well-understood risks?
Correct Answer:
C
During qualitative risk analysis you want to define the risk urgency assessment. All of the following are indicators of risk priority except for which one?
Correct Answer:
A
You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?
Correct Answer:
D
You are the project manager of the NHH Project for your company and you have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. Now, you would like to assign risk owners to the events. Which risk events should have risk response owners?
Correct Answer:
B
