98 New PMP Risk Questions & Answers with explanation
71.
Which of the following is not a valid instance of risk transference?
Select one
72.
Under which of the following scenarios would you not use a decision tree?
Select one
73.
Early in the project, you are meeting with your team and would like to address all the strengths, weaknesses, opportunities, and threats the project is facing. What tool should be used?
Select one
74.
Work Performance Information is not an output of which of the following processes?
Select one
75.
A software development project team has determined that the best way to mitigate the risk of not having the computational resources to complete all bug testing on schedule is to add three more servers to the test bed. However, the network may not have enough capacity to handle the extra load of those three servers and could fail. This type of risk is a _______________ risk.
Select one
76.
You are the project manager for a project and have just entered the third year of a scheduled four-year project. You need to evaluate new risks that have arisen since the project began. What agenda item do you need to add to your next team meeting?
Select one
77.
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
78.
Which of these is a valid negative risk response?
Select one
79.
Which of these is accurate regarding risk management?
Select one
80.
Which of the following statements about the management of risks in a project is incorrect?
Select one