Question 1 l] .I' I point During which stage of Risk Management are Risk Rating tables developed? / "" l] Perform Qualitative risk analysis r '2 2] Plan Risk -\\ --i 3] Perform Quantitative risk analysis 4] Identify Risks Question 2 t] .n' I point Danielle is a Project manager. She is currently determining the impacts that different risk events might have on her project. What is Danielle doing? iJ '1 Risk Identication Mil 2] Risk Response Planning (\"'3 \\ 3] Qualitative Risk Analysis 4] Risk Management Planning In which of the following processes would you determine the total dollar value of the risks that your project is exposed to? 1) Plan Risk Management O 2) Identify Risks 3) Perform Qualitative Risk Analysis 4) Monitoring and Control Risks 0 / 1 point Question 4 James is trying to come up with a workaround for a risk event that he has encountered but for which he has no plan. What part of risk management is James engaged in? 1) Risk response planning 2) Risk control 3) Risk identification 4) Quantitative risk analysisQuestion 5 o ,r 1 point Floyd is the Project Manager on a reforestation project. He sends a questionnaire via email to several of the other reforestation specialists in his company asking for their ideas about the risks he might encounter on his project. What is risk identication technique that Flam! is using? O 1) Delphi O 2) Brain storming 3) Interviews O 4) Monte CarloQuestion 6 0 / 1 point Andre is a Project Manager for software migration at a bank. A major risk that has been identified is attrition of resources in that staff leave and are not replaced. As a strategy to respond to this risk, Andre, with support of Senior Management, ensured that members of his team would be provided with good salary bonuses at the end of the project. What type of risk response is Andre following? 1) Acceptance O 2) Avoidance O 3) Mitigation 4) TransferQuestion 7 0 / 1 point What technique uses a "What If" approach in that it seeks to place value on the effect of change of a single variable within a project by analyzing that effect on the project plan?O Sensitivity Analysis O Probability Distribution Decision Tress Analysis O Monte Carlo AnalysisQuestion 9 0 / 1 point Which of the following is NOT a method of identifying risk?\fQuestion 10 0 / 1 point What describe the starting point from which the effect of individual project risks and other sources of uncertainty are evaluated? Stakeholder requirements The project charter The risk register O The scope, schedule and cost baselines Question 11 0 / 1 point In your project, there is: * 50% probability for $ 40,000 profit * 50% probability for $ 25,000 loss What is the Expected profit in your project? 1) $ 25,000 O 2) - $ 7,500 (i.e. loss of $ 7,500) 3) $ 32,500 0 4) $ 7,500