Question 19 You are in the process of Risk Management Planning. One of you Not yet notes states " though the risk of new hardware not being answered compatible with the existing IT systems is very low, we can not take Marked out of this risk because the adverse impact on our public image will be 1.00 very high". The statement is talking about: Flag question Select one: O a. Risk Owner O b. Risk Appetite O c. Risk Tolerance O d. Risk Categoryjon 20 You are managing a 800-million-dollar highway project, which a et tunnel where the rock and soil behaviour is substantially unknown. ered You want to subcontract the tunnel portion of the highway to ed out of another construction company, that specialises in tunnel construction. What will be the ideal type of procurement contract in g question this case? Select one: O a. Fixed Price Incentive Fee O b. Cost plus percentage cost O c. Time and Material O d. Firm Fixed CostQuestion 21 Risk is an uncertain event. This uncertainty for risk is reflected in: Not yet answered Select one: Marked out of 1.00 O a. certainty relating to the happening or not happening of an event and the certainty relating to the impact of the event. Flag question O b. uncertainty relating to the happening or not happening of an event and the certainty relating to the impact of the event. O c. certainty relating to the happening or not happening of an event and the uncertainty relating to the impact of the event O d. uncertainty relating to the happening or not happening of an event and the uncertainty relating to the impact of the event.luestion 22 You are working on risk identification for your project. It is a ot yet brainstorming session. Which of the following will you not include nswered in your invitation list for the meeting? Marked out of Select one: Flag question O a. Project team members. O b. Customer. O c. You will include all the other three. O d. Project Risk SpecialistQuestion 23 Which of the following statements is NOT correct about Perform Not yet Qualitative Risk Analysis? answered Marked out of Select one: 1.00 O a. Perform Qualitative Risk Analysis establishes the relative Flag question priorities of individual project risks for Plan Risk Responses O b. Perform Qualitative Risk Analysis identifies a risk owner for each risk who will take responsibility for planning an appropriate risk response and ensuring that it is implemented. O c. Perform Qualitative Risk Analysis lays the foundation for Perform Quantitative Risk Analysis if this process is required. O d. In an agile development environment, the Perform Qualitative Risk Analysis process is conducted at the end of each iteration.Question 24 The risk register contains Not yet answered Select one: Marked out of O a. a generalised risk statement to distinguish risks from their 1.00 cause(s) and their effect(s). Flag question O b. a risk statement merged with their cause(s) and their effect(s). O c. a risk statement merged with their cause(s) but separated from their effect(s). O d. a structured risk statement to distinguish risks from their cause(s) and their effect(s).Question 25 You have a team of 12 members. It is very likely that at least 2 of Not yet them will remain absent for a period of 15 days each. This needs to answered be provided for in your contingency estimates for the project. You Marked out of will add the resources and the consequent cost impact in: 1.00 F Flag question Select one: O a. Activity Cost Estimate O b. Work Package Contingency Reserve c. Management Reserve O d. Enterprise Emergency Fund26 The best description about a decision tree is that it is evaluated by calculating d out of Select one: O a. The Probability of an event question O b. The financial impact of an event O c. The weighted financial impact of an event O d. the expected monetary value of an optionQuestion 27 Where a potential risk owner has been identified during the Identify Not yet Risks process, the risk owner is recorded in the risk register. answered Marked out of Select one: 1.00 O a. This will be confirmed during the Perform Qualitative Risk Flag question Analysis process O b. This will be confirmed during the brainstorming session of the Identify Risk Process; O c. This will be confirmed during the closing meeting of Identify Risk phase O d. This will be confirmed during the final meeting of Identify Risk Process