Strayer BUS519 Project Risk Management Week 5 Quiz

Week 5 Quiz  

Which of the following distributions represents possible scenarios in a decision tree, outcomes of a test, results of a prototype, and other uncertain 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 Normal

B Triangular

C Discrete

D Lognormal

As a project manager, you are looking for all possible options of project risks, which may impact the project schedule. In order to get this detailed information in an accurate form, which type of data analysis technique can be used?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 EMV analysis

B SWOT analysis

C Assumptions analysis

D Monte Carlo analysis

Which of the following qualitative risk analysis techniques is normally used in the planning phase to identify weaknesses and hazards in a processing facility?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 FMECA

B HAZOP

C SWIFT

D FMEA

Which of the following is the process of identifying the most probable threats to an organization and analyzing the related vulnerabilities of the organization to these threats?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 Risk assessment

B Business impact analysis

C Risk communication

D Risk analysis

Question 5 :As a project manager, you have developed a risk management plan for predicting and mitigating risks. Also, you have identified all the risks that might impact the project. What is the project manager likely to do next?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 Perform quantitative risk analysis

B Plan risk responses

C Control risks

D Perform qualitative risk analysis

Your project team has completed the perform quantitative risk analysis process for your project work. Based on their findings, they need to update the risk register with several pieces of information. Which one of the following components is likely to be updated in the risk register based on their analysis?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 Listing of risk mitigation

B Risk ranking matrix

C Prioritized list of quantified risks

D Qualitative analysis outcomes

Mark works as a project manager for TechSoft Inc. Mark, the project team, and the key project stakeholders have completed a round of qualitative risk analysis. He needs to update the risk register with his findings so that he can communicate the risk results to the project stakeholders including management. Mark will need to update all of the following information except for which one?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 Watchlist of low-priority risks

B Risks scores

C Prioritized list of quantified risks

D Trends in qualitative risk analysis

John has just finished updating the risk register with the list of risks that needs additional analysis and response. Under which of the following project risk management processes does this come?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 Perform quantitative risk analysis

B Identify risks

C Plan risk management

D Perform qualitative risk analysis