PMP Questions ID 1786 which of these is accurate regarding risk management

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Agile & Scrum

People

Process

Business Environment

CLOUD COMPUTING

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DECISION SUPPORT SYSTEM (DSS)

FIREWALL TYPES & IMPLEMENTATION

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IT STRATEGY COMMITTEE & IT STEERING COMMITTEE

Procurement

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Schedule

Scope

Stakeholder

New PMP Question & Answers with explanation

Which of these is accurate regarding risk management?

Select one

It has its origins in the uncertainty present in all projects.

The attitudes of individuals and organizations must not be a factor affecting risk management.

Organizations are not likely to perceive risk as a threat to project success.

It is a passive activity in project management.

PMP Question No 1785 - Risk

Which of these is a valid negative risk response?

Select one

Exploit

Mitigate

Enhance

Answer

PMP Question No 1780 - Risk

A project manager has decided to use a decision tree to do a build or upgrade analysis. The build requires an investment of $200M. On the build decision branch, there is a 60 percent probability of strong demand (yielding a revenue of $400M) and a 40 percent probability of weak demand (yielding a revenue of $150M). What is the expected monetary value (EMV) of the build?

Select one

$300M

$140M

$200M

$100M

Answer

PMP Question No 1774 - Risk

Identification of new risks, reassessment of old risks, and closing of outdated risks are part of the Monitor Risks process. How often should project risk reassessment be scheduled?

Select one

Reassessment is necessary at the 20 percent, 40 percent, 60 percent and 80 percent stages of project completion.

It depends on how the project progresses relative to its objectives.

Reassessment is necessary at the 50 percent and 75 percent stages of project completion.

Reassessment is necessary at the 25 percent, 50 percent, and 75 percent stages of project completion.

Answer

PMP Question No 1766 - Risk

A small project with a limited budget is trying to curtail costs. Which of the following processes may be eliminated in such a project?

Select one

Perform Qualitative Risk Analysis

Perform Quantitative Risk Analysis

Identify Risks

Plan Risk Management

Answer