Question 1 1pts

The primary output of the Identify Risks process is a list of uncertain future events known as the risk:

Group of answer choices

-register

-listing

-identity log

-issue log

Question 2 1pts

As a project manager, you often start the process of identifying risks by using brainstorming to:

Group of answer choices

-analyze the likelihood of risks occurring

-determine the risk tolerance of the stakeholder groups

-generate a wide list of potential risks

-make judgments about the importance of each risk

Question 3 1pts

During successive stages of risk planning, the risk register can best be described as a document that is:

Group of answer choices

-stable, to avoid losing track of key risks

-limited to risks that merit risk responses

-inclusive of all risks that are certain to occur

-a living document or database that is frequently updated

Question 4 1pts

After a brainstorming session, you realize that it will take additional work to record the assumptions that underlie risks. You believe it is worth the time to do so in order to:

Group of answer choices

-justify a contingency fund based on a percentage of the project costs:

-comply with legal requirements

-avoid anomalies from inconsistent assumptions

-keep the project manager busy

Question 5 1pts

The relationships between risk categories are captured in the:

Group of answer choices

-WBS

-RBS

-OBS

-DTS

Question 61pts

The process that includes generating a list of risks and their characteristics is called :

Group of answer choices

-Plan Procurements

-Plan Risk Management

-Plan Risk Responses

-Identify Risks

Question 71pts

The WBS is a critical input to the Identify Risks process because it:

Group of answer choices

-provides objective information from external stakeholders

-provides a method for comparing the probability that a risk will occur

-facilitates understanding risks comprehensively at a general and a specific level

-establishes risk tolerance levels

Question 8 1pts

The Delphi technique is used in risk management to obtain ___________.

Group of answer choices

-an objective consensus of experts

-a clear discovery of root causes for risks

-a rating of the instability of various project assumptions

-a graphical representation of the causal influences of risks

Question 9 1pts

You are concerned that the hypotheses or scenarios on which the detailed WBS and task list were created may have changed. To identify risks that may result from inaccurate or inconsistent or incomplete understanding of these elements, you would use:

Group of answer choices

-The Delphi technique

-An influence diagram

-Assumptions analysis

-Documentation reviews

Question 10 1pts

Experts encourage adopting a consistent but simple structure for listing newly identified risks in the risk register, such as:

Group of answer choices

-A list of potential responses

-IMPACT may occur causing EVENT

-IF CAUSE, EVENT may occur, leading to EFFECT

-RISK, PROBABILITY, IMPACT