PMP Questions ID 4161 which of the following describe the purpose for the risk management plan

All Domains

Agile & Scrum

People

Process

Business Environment

Communications

Cost

Integration

Procurement

Quality

Resource

Risk

Schedule

Scope

Stakeholder

New PMP Question & Answers with explanation

Which of the following describe the purpose for the risk management plan?

Select two

The risk management plan includes risk thresholds, risk scoring and risk interpretation methods, responsible parties, and budgets.

The risk management plan includes a description of the responses to risks and triggers.

The risk management plan is an input to all the remaining risk-planning processes and enhances the probability of risk management success.

The risk management plan describes the strategies for overall project risks.

PMP Question No 4160 - All Domains

Which of the following address the purpose of the Perform Qualitative Risk Analysis process?

Select three

Quantifying the aggregate risk exposure for the project

Assessing the probability and consequences of identified risks to the project objectives

Using Monte Carlo simulation and decision tree analysis to determine risk exposure and responses

Determining and assigning risk scores to each risk

Prioritizing the list of risks according to their effects on the project objectives

Answer

PMP Question No 4159 - All Domains

You are a project manager for Fountain of Youth Spring Water bottlers. Your project involves installing a new accounting system, and you're performing the risk-planning processes. You have identified a variability risk and an ambiguity risk. Which of the following is not true regarding these risks?

Select one

Variability risk is uncertainty about the event or activity.

Ambiguity risk is addressed using data analysis.

These are types of non-event risks.

Decisions, skills and abilities, and knowledge of team members is a type of non-event risk.

Answer

PMP Question No 4158 - All Domains

What is the definition of osmotic communication and what methodology is it associated with?

Select two

This is a polite form of eavesdropping.

This is associated with the Feature-Driven Method.

This is associated with the Crystal method.

This is a type of communication transmission.

This is associated with the Agile Unified Process.

Answer

PMP Question No 4157 - All Domains

This agile methodology focuses on frequent cycles and delivering software to the customer when the customer needs it. The core values for this methodology are communication, simplicity, feedback, courage, and respect. Which methodology does this describe?

Select one

Feature-Driven Development

Crystal

Dynamic Systems Development Method

Extreme Programming

Answer