PMP Questions ID 4164 you are using criticality analysis to determine risk impact you have calculated an index for eac

You are using criticality analysis to determine risk impact. You have calculated an index for each risk and realize the more activities the risk impacts, the higher the index. The index is used as an input to a simulation. Which risk does criticality analysis assess?

Select one

Cost

Quality

Resource

Schedule

You are performing the Perform Qualitative Risk Analysis process and want to display proximity and connectivity and their impacts on the project. Which of the following methods will you use?

Select one

Tornado diagram

Influence diagram

Histogram

Bubble chart

You are using the representations of uncertainty technique of the Perform Quantitative Risk Analysis process. All of the following statements are true regarding this technique except for which one?

Select one

Beta and triangular distributions are commonly used in this process.

Normal and lognormal distributions use mean and standard deviation to quantify risks.

Continuous probability distributions are graphically displayed and depict the impact of the risk event.

Triangular distributions rely on optimistic, pessimistic, and most likely estimates to quantify risks.

Select two

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

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

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

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

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

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