The activities of WBS decomposition and work package granularization are primarily intended to address what project management challenge?

Select one:

a. discovering missing requirements

b. determination of optimum work packages size for estimation and later tracking

c. reduction of project team size to minimize costs

d. ways to increase speed of project execution

The fundamental difference between risks and issues, and the difference between risks and problems, is...

Select one:

a. risks are set by the project team during the project, while issues and problems are reported after the project is completed

b. risks are simply smaller descriptions of issues and problems

c. risks are about troubling events while issues and problems are focused on root causes

d. risks are about a future event or circumstances that are currently unknown, while issues or problems are usually past or current conditions that are now known and certain

As a project team is preparing for risk qualitative analysis, the first draft of a project risk register lists four risks with a probability scale of 0.00 to 1.00 and an impact scale of 1-5 (1=lowest, 5=highest). Risk 1 has a probability of 0.75 and an impact of 4. Risk 2 has a probability of 0.5 and an impact of 5. Risk 3 has a probability of 0.5 and an impact of 4. Risk 4 has a probability of 0.2 and an impact of 3. Which choice below represents the prioritized ranking of these risks, from highest to lowest?

Select one:

a. risk 1, risk 2, risk 3, risk 4

b. risk 2, risk 1, risk 3, risk 4

c. risk 3, risk 2, risk 4, risk 1

d. risk 4, risk 3, risk 2, risk 1