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Question 15 (1 point) The chronology of calculation in a decision tree occurs from? a) Right to left O b) Top to bottom O c)
Question 15 (1 point) The chronology of calculation in a decision tree occurs from? a) Right to left O b) Top to bottom O c) Left to right O d) Bottom to topQuestion 16 (1 point) Projects are particularly susceptible to risk because? (a) Risk management tools are not available ( b) If something can go wrong it will ( c) There are never sufficient resources d) Each project is unique in some wayQuestion 17 (1 point) Management reserve is used for? (a) Risks that are identified at the start of the project (b) Risks that are not identified, but are known c Risks that are external to the project ( d) Risk that are unknown before they occurQuestion 18 (1 point) The primary advantage of using decision tree analysis is that it? (a) Considers the risk attitude of the decision maker Ob) Helps identify risks scenarios for the project O c) Shows how risks occur in combination d) Forces consideration of the probability of each outcomeQuestion 19 (1 point) Risk mitigation involves? a) Acquiring performance and payment bonds b) Eliminating the specific risk by eliminating the cause of the risk c) Reducing the value of a risk event by reducing its probability Od) None of the aboveQuestion 20 (1 point) You are a project manager for a waste disposal company that is building an incinerator. Local residents are opposed to this project. You are spending a lot of time with these groups and they are threatening to take your company to court. You recommend moving the project to a different site. This is an example of which risk response? a) Active acceptance b) Avoidance c) Mitigation Od) Passive acceptance
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