Question
1. Risk monitoring is necessary during a project because: Select one: a. it ensures that the state of identified risks is known b. it ensures
1. Risk monitoring is necessary during a project because:
Select one:
a. it ensures that the state of identified risks is known
b. it ensures that new and changing risks are detected and properly managed
c. it assesses whether risk response actions, if and when implemented, are effective
d. all of the above
2. In terms of organizational roles on a project, many roles could be paying attention to risks, but risk monitoring is primarily the responsibility of:
Select one:
a. the project sponsor
b. vendors who have supplied supplies or components to the project
c. stakeholders who have an interest in risk management
d. risk owners
3. While in an elevator in your office building, you recently overheard someone on a project team say that if a risk owner can't be identified for a certain risk, the PM should just accept responsibility to monitor that risk and effectively become the risk owner. Is it true or false to say that would be good project management practice?
Select one:
True
False
4. A risk trigger is intended to indicate...
Select one:
a. the root cause of a problem
b. notification that a risk has already turned into a problem
c. an indication that a risk is about to turn into a problem, or its associated issues are expected to occur
d. the team member who is responsible to track a risk
5. A typical project's risk register can and should be shared with:
Select one:
a. key stakeholders, project sponsor, and project team
b.only the project team
c.only risk owners
d.no one
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started