PMP Questions ID 4165 your project has a high degree of uncertainty about the project requirements you decide to use a

Your project has a high degree of uncertainty about the project requirements. You decide to use an agile approach to manage the project in order to achieve which of the following?

Select one

Increase knowledge among cross-functional team members, which helps them understand and manage risks

Decrease the risk of rework

All of the above

Reduce risk and maximize business delivery

Produce accurate requirements in a faster timeframe than in a predictive methodology

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

Resource

Schedule

Quality

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.

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