- #Pmi acp exam prep flashcards by belinda goodrich how to
- #Pmi acp exam prep flashcards by belinda goodrich update
Kelly is the project manager of the BHH project for her organization. The amount of hours a resource can be used will diminish. The project will take longer to complete, but risks will diminish.ĭ. What happens when the project manager crashes a project?ī. Management has agreed that if the schedule baseline has a variance of more than five percent then you will need to crash the project. This project has a BAC of $1,500,000 and it is expected to last 18 months. Your organization has named you the project manager of the JKN Project. Sammy is correct, because she is the project manager. Sammy is correct, because organizations can create risk scores for each objective of the project.ĭ. Harry is correct, the risk probability and impact matrix is the only approach to risk assessment.Ĭ. Harry is correct, because the risk probability and impact considers all objectives of the project.ī.
Harry says that an accumulative risk score should be created, not three separate risk scores. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. She would like to rate each risk based on its probability and affect on time, cost, and scope. Sammy is the project manager for her organization. Which one of the following risk identification approaches is an information gathering technique? Management has asked you to begin identifying risks and to use an information gathering technique. You are the project manager of the GYH project for your organization. Project phases that deal with "cutover" technologies Which part of your project is most likely to have a uniform risk distribution?ī. You have indicated that you will use the uniform distribution method for a portion of the project. You are working with Anna on your project to determine and map the probability distributions of risk within the project. Acceptance is the only risk response for positive risk events. You, a new team member wants to know that how many risk responses are available for a positive risk event. She has identified several positive risk events within the project and she thinks these events can save the project time and money. Jenny is the project manager of the NHJ Project for her company.
#Pmi acp exam prep flashcards by belinda goodrich how to
This risk response of learning how to use the new materials can also be known as what term? You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. Your project is using a new material to construct a large warehouse in your city. You work as a project manager for BlueWell Inc. Which project management plan will define who will be available to share information on the project risks? Your project has several risks that will affect several stakeholder requirements.
You work as the project manager for Bluewell Inc. The events should continue on with quantitative risk analysis. The events should be entered into the risk register.ĭ. The events should be determined if they need to be accepted or responded to.Ĭ. The events should be entered into qualitative risk analysis.ī. What should Jenny do with these risk events?Ī. During this process she and the project team uncover several risks events that were not previously identified. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. Jenny is the project manager for the NBT projects. The level of detail is set of project risk governance. The level of detail must define exactly the risk response for each identified risk.ĭ. The level of detail should correspond with the priority ranking.Ĭ. The level of detail is set by historical information.ī. Which of the following statements best describes the level of detail Lisa should include with the risk responses she has created?Ī.
#Pmi acp exam prep flashcards by belinda goodrich update
She has completed the risk response planning with her project team and is now ready to update the risk register to reflect the risk response. Lisa is the project manager of the SQL project for her company.
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