The key deliverable of the Search and classify phase of PUMP is Key Deliverable: Common understanding of all relevant sources of uncertainty facing the project and what can be done about them to the extent that is relevant and explained at an appropriate level of clarity.

Question 5 options:

a)

This statement is correct

b)

This statement is false

c)

The search and classify phase of PUMP does not have a deliverable

d)

The actual deliverable is a risk register

e)

"Search and classify" is not a phase of the PUMP Framework

Question 6 (0.3 points)

One of the following is NOT consider a source of uncertainty in a project coming from a project party

Question 6 options:

a)

Formal contractual conditions

b)

Specification of responsibilities

c)

Perception of influence and roles

d)

Project manager

e)

All of the above are sources of uncertainty

Question 7 (0.3 points)

Your project sponsor tells you that there are many assumptions in your project and he is concerned that you may be missing critical risks by not referencing them in your risk documentation. Since you have just completed a risk management course you tell him you have

Question 7 options:

a)

Identify immediate priorities

b)

Write an issue log

c)

Read the project risk register

d)

Clarified all relevant conditions

e)

Read the project charter

Question 8 (0.3 points)

A construction project manager has been tasked to find the uncertainties in the project. Once he finishes his assessment, these are the uncertainties he has found:

1- Construction will be executed in the winter and therefore the weather will be a factor.

2- Some materials are difficult to find in the market.

3- The cost of some construction work is unknown until the project is in progress. It could be higher or lower.

4- The final TOTAL cost of the project is unknown, it could be higher or lower than the assigned budget.

Question 8 options:

a)

None of these four uncertainties can be analyzed in terms of a financial impact

b)

Only 4 can be analyzed in terms of a financial impact

c)

Only 1 and 2 can be analyzed in terms of a financial impact

d)

Only 3 can be analyzed in terms of a financial impact

e)

All of them can be analyzed in terms of financial impact