98 New PMP Risk Questions & Answers with explanation
81.
Which of these is not a data analysis technique used during quantitative risk analysis?
Select one
82.
An organization wishes to ensure that the opportunity arising from a risk with positive impact is realized. This organization should:
Select one
83.
There are a number of risks that have been identified in your project. The team has decided not to change the project plan to deal with the risks, but they have established a contingency reserve of money in the event something triggers these risks. This is an example of what type of risk mitigation technique?
Select one
84.
You are managing a fund-raising golf tournament that has a hole-in-one contest. However, your company cannot afford to pay the $1,000,000 award if someone does get a hole in one, so it has elected to take out an insurance policy in the event someone does get lucky. This is an example of:
Select one
85.
Which of the following is not a Risk Diagramming technique?
Select one
86.
Robert is managing a road construction project. Due to unseasonal weather conditions, the team productivity might be above or below target. This is an example of:
Select one
87.
Which of the following is NOT a valid WBS creation approach:
Select one
88.
Perform Qualitative Risk Analysis is a quick way to prioritize how a project team will respond to risks. It is based on risk _________________ and _________________.
Select one
89.
___________________ is performed on risks that have been prioritized by the Perform Qualitative Risk Analysis process as potentially and substantially impacting the project's competing demands.
Select one
90.
As part of a strategy to handle negative risk, a project manager decided to adopt less complex processes, conduct more tests, and choose a more stable supplier. What strategy would this be classified as?
Select one