Question 37 The risk of any event is a product of the Not yet answered Select one: Marked out of O a. probability of the event happening and the probability of 1.00 the event not happening. Flag question O b. probability of the event happening and a random value for magnitude of happening. O c. probability of the event not happening and the possible magnitude of the impact. O d. probability of the event happening and the possible magnitude of the impact.Question 38 Which one of the following is not a Data Analysis technique used Not yet for Risk Identification? answered Marked out of Select one: 1.00 O a. Document analysis F Flag question O b. SWOT analysis O c. Assumption and constraint analysis O d. BrainstormingQuestion 39 The organizational process assets that can influence the Identify Not yet Risks process do not include: answered Marked out of Select one: 1.00 O a. Report from a lobbying group Flag question O b. Project files, including actual data, O c. Organizational and project process controls, O d. Checklists from previous similar projects.vestion 40 You are managing a 800-million-dollar highway project, which also t yet needs constructing a building for the waiting facility midway swered through the highway's length. You need to acquire a Building arked out of Management System for this facility. In the tender invitation document, you have asked the vendors to submit proposals in two Flag question separate envelops, one containing the technical details and the other containing the financial bid. You have informed them that first the technical documents will be opened, and that financial bids will be opened only for the vendors who are the top three in technical category. Which method of vendor selection are you planning to use? Select one: O a. Least cost O b. Quality-based/highest technical proposal score O c. Qualifications only. O d. Quality and cost-basedQuestion 41 Which of the following statements is incorrect about Perform Not yet Qualitative Risk Analysis? answered Marked out of Select one: 1.00 O a. This process is performed at the inception of the project. Flag question O b. The key benefit of this process is that it focuses efforts on high priority risks O c. It is the process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics. O d. In this process the teams assess the priority of identified individual project risks using their probability, impact and other factors.Question 42 The rick register captures details of Not yet Inswered Select one: Marked out of O a. project risk categories .00 O b. identified collective project risks. Flag question O c. identified individual project risks. O d. individual risk categoriesQuestion 43 You have identified a risk event on your current project that could Not yet save $100,000 in project costs if it occurs. Which of the following is answered true based on this statement? Marked out of 1.00 Select one: Flag question O a. This is a risk event that should be shared to take full advantage of the potential savings. O b. This is a risk event that should be accepted because the rewards outweigh the threat to the project. O c. This risk event should be mitigated to take advantage of the savings. O d. This risk event is an opportunity to the project and should be exploited.Question 44 A project team allocates a weight of 3 to a risk event. The team is Not yet most likely working on: answered Marked out of Select one: 1.00 O a. Quantitative Risk Analysis Flag question O b. Qualitative Risk Analysis O c. Risk Management Planning O d. Risk IdentificationQuestion 45 An increasing trend in procurement is to have "trial engagement". It Not yet means that answered Marked out of Select one: 1.00 O a. the project will engage one candidate sellers for initial Flag question deliverables and then another one for the next work products and so on, on a paid basis until all the vendors are tried and tested. O b. the project will engage one candidate sellers for initial deliverables and then another one for the next work products and so on, on an unpaid basis until all the work packages are completed. O c. the project will engage several candidate sellers for initial deliverables and work products on a paid basis before making the full commitment to a larger portion of the project scope. O d. the project will threaten one candidate sellers to complete the work at a rate dictated by the purchaser otherwise the purchaser will take the vendor for a trial in court