New PMP Question & Answers with explanation
While analyzing the risks in a project, a project manager updated the risk register with risk urgency assessment ratings. In which process would this be done?
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Which of the following is true about risks?
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Sensitivity analysis helps to determine which risks have the most potential impact on the project. A project manager prepared a display chart of sensitivity analysis for his project. The diagram contained a series of bars with the length of the bars corresponding to the risk impact on the project. The longer the bar, the greater was the risk presented. Such a chart is likely to be:
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Decision tree analysis is used to calculate the average outcome when the future includes scenarios that may or may not happen. What are a decision node’s inputs and outputs?
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A project manager is considering risk in a project. When does risk come into play in a project?
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