Question 28 You are managing a 800 million-dollar highway project, which Not yet needs 100 litres of lubricants every 6 months. You made a short list answered of lubricant vendors based upon their reputation in the market and Marked out of references you received form other project managers. Which 1.00 method of source selection have you used? F Flag question Select one: O a. Quality-based/highest technical proposal score O b. Quality and cost-based O c. Qualifications only. O d. Least costQuestion 29 You are in the process of Risk Management Planning. One of you Not yet notes states " the financial risk of the new hardware not being answered compatible with the existing IT systems is very high. We can not Marked out of take this risk because the adverse impact on our project budget will 1,00 be impossible to mitigate". The statement is talking about: F Flag question Select one: O a. Risk Category O b. Risk Tolerance O c. Risk Owner O d. Risk Appetiteslim an All the following statements are tn.re regarding rislr events except which one? Selectone: i} Ga. Db. Dc. Dd. Risks that have route perceived rewards to the organization than the consequent: of the risk should he accepted. if risks occur. HIE}! can ham 3 positive or negative effect on project objectives Project risks are uncertain events. Unknown risks are threats to the project objectives. and nothing E'l he done to plan for them. ion 31 During the Identify Risks process et ered Select one: ed out of O a. All the other options here are correct. O b. new assumptions may be made. g question O c. existing assumptions or constraints may be revisited and changed. O d. new constraints may be identified.Question 32 Your hardware vendor left you a voicemail saying that a snowstorm Not yet will prevent your equipment from arriving on time. You have answered identified a risk response strategy for this risk and have arranged Marked out of for a local company to lease you the needed equipment until your 1.00 equipment arrives. This is an example of which risk response Flag question strategy? Select one: O a. Avoid O b. Transfer O c. Acceptance O d. MitigateQuestion 33 I established organisations have a generic RBS to be used Not yet for all projects, or there may be several RBS frameworks for answered different types of projects, Marked out of 1.00 Select one: Flag question O a. Every O b. Most O c. Only O d. Noestion 34 You have a team of 12 members. It is very unlikely that all the team t yet members quit the project at the same time. This needs to be swered provided for in your contingency estimates for the project. You will arked out of add the likely cost impact in: Flag question Select one: O a. Management Reserve O b. Activity Cost Estimate O c. Work Package Contingency Reserve O d. There is no need to worry about such unlikely scenarios.Question 35 It is possible that there are some risks which are common to many Not yet Work Packages. Which one of the following statements is the least answered accurate? " We may club these common risks Marked out of 1.00 Select one: Flag question O a. only if the impact is expected to be the same across all WPs O b. at Control Account (CA) level, at Project Level, at Programme Level or even at Enterprise Level. O c. If the impact may be different, these should be kept at an appropriate level. O d. without any further considerationQuestion 36 A "risk trigger" lists the risk warning signs. It indicates that: Not yet answered Select one: Marked out of a. a risk has passed. 1.00 O b. a risk has occurred or is about to occur. Flag question O c. a risk has occurred. O d. a risk is about to occur