Strayer BUS519 Project Risk Management Week 1 Quiz

Question 1 Which of the following is an enterprise environmental factor that can affect the availability of resources and influence how projects are conducted?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Organizational communication

B Organizational process assets

C Organizational culture

D Organizational structure

Question 2 You are a project manager for Tech Perfect Inc. While studying the project, you find that there are too many stakeholders in the project. You are concerned about some influencing stakeholders. Which of the following process groups can be highly affected by stakeholder influence?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Initiating

B Closing

C Monitoring and controlling

D Planning

Question 3 Which of the following processes includes documenting requirements, budget, and work flow for the project?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Planning

B Initiating

C Closing

D Executing

Ben is the project manager of the YHT project for his company. Alice, one of his team members, is confused about when project risks will happen in the project. Which one of the following statements is the most accurate about when project risk happens?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Project risk is always in the future.

B Project risk can happen at any moment.

C Project risk is uncertain, so no one can predict when the event will happen.

D Project risk happens throughout the project execution.

For successful and timely completion, a project includes five phases. Which of the following phases defines internal and external stakeholders who will interact and influence the overall project outcome?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Executing

B Initiating

C Closing

D Monitoring and controlling

Which of the following process groups contains the lowest number of processes?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Executing and closing

B Executing and planning

C Initiating and closing

D Initiating and planning

Which of the following is a set of projects, programs, and related work that is managed in a coordinated fashion to achieve strategic business objectives in an organization?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Process

B Portfolio

C Project

D Program

Which of the following is an example of an intangible element in business value?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Stockholder equity

B Fixture

C Monetary asset

D Brand recognition

Which of the following phases includes processes to keep close track of project performance, changes, and risks?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Initiating

B Planning

C Executing

D Monitoring and controlling

Which of the following phases monitors the progress of the project to identify the variance from the plan and to correct it?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Monitoring and controlling

B Initiating

C Planning

D Executing

Explanation

Question In what portion of a project are risk and opportunities greatest and require intense planning and anticipation of risk events?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Closing

B Executing

C Planning

D Initiating

Explanation

Which of the following is a hierarchical organization where each employee has one clear superior and is managed by a person with expertise in that area?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Projectized

B Functional

C Composite

D Matrix

Explanation

Fran is the project manager in her organization. She reports to a project management office that takes control of the projects. Fran, through the PMO, will directly manage the project. Fran is a part of what type of PMO?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Controlling

B Directive

C  Functional

D Supportive

Explanation