Which of the following statements accurately lists the order of tasks for effective Project Risk Analysis?

a. risk identification, risk responses, qualitative risk analysis, quantitative risk analysis

b. risk identification, risk responses, quantitative risk analysis, qualitative risk analysis

c .risk responses, risk identification, quantitative risk analysis, qualitative risk analysis

d. risk identification, qualitative risk analysis, quantitative risk analysis, risk responses

Which are generally the most common techniques for a typical project team to use to identify project risks?

a. monte carlo analysis

b. brainstorming, collaborative work sessions, and/or expert judgment

c. pareto analysis

d. expected monetary value

On a risk-tolerance spectrum for industry groups, which choice reflects a list of industries typically operating from low to high risk environments? (low risk -> medium risk -> high risk, in that order)

a. gaming, healthcare, consumer electronics

b. rideshare, auto, military

c. government, retail, tech startup

d. hollywood movies/music, travel/hospitality, insurance

Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry Data Security Standard (PCI DSS), and Sarbanes-Oxley Act (SOX) are all examples of

a. IRS statutes impacting project budgets

b. international laws which apply globally

c. project management standards which may impact templates for project artifacts

d. regulatory compliance that may be legally binding and therefore an impact on project risk management planning

In project risk management, unlike in other fields such as casino gaming, we can rarely, if ever, rely on use of probabilistic models to evaluate the chances of errors or things going wrong because...

a. project management does not involve use of numbers or metrics

b. the wide range of outcomes of multiple tasks in a typical enterprise project present failure modes that are complex and varied, making success much more difficult to predict from a statistical standpoint

c. those the created project management processes have never tried to predict future outcomes

d. none of the above