The task of activity sequencing can reveal some areas of risk because:

a. the work to sequence events takes team members away from other important tasks

b. sequencing is not always accurate and in fact not even necessary in many cases

c. sequencing requires identification of task dependencies, which if not met cause delay, so dependencies might represent risks

d. none of the above

Decision Tree Analysis works by:

a. Decision Tree Analysis works by:

b. multiplication of outcome probabilities by each alternative impact to provide overall expected impact

c. taking a long-range view from historical estimates

d. asking the project team from similar projects what they would use for estimates

In our efforts to manage known risks, when we are trying to determine how to best respond to them, in what circumstances do we tend to focus on risk CAUSES as opposed to their EFFECTS?

a. for controllable risks, we try to deal we effects, as opposed to causes

b. for controllable risks, we have no need to further address them as they are already controllable

c. for controllable risks, we try to deal with causes as opposed to effects

d. for uncontrollable risks, we try to deal with causes as opposed to effects

A major reason that the Panama Canal was more successful under US control relative to previous efforts was the application of:

a. a larger labor force

b. a construction approach from both sides instead of one

c. implementation of efficient project management methodology

d. local currency to pay the workers

One factor that can impact project risk is size of a project's WBS. As a WBS gets larger, the typical effect on project risk is:

a. risk becomes greater due to typical increase in project complexity

b. there is little change in project risk

c. risk is reduced because more work tasks get covered by a larger WBS

d. risk is reduced because more time has been spent developing a larger WBS