Risk Management
Quiz
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Education
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University
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Practice Problem
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Medium
Farhan Jamal
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In general, because of the similarities in IT projects, one can manage all projects and risk in the same manner.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Effective project risk management requires that each risk have an owner.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The best time to plan for risk is during the project execution phase when risk can be assessed most accurately.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Project risk management focuses solely on the downside of risk that results from unexpected problems or threats.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It never pays to ignore an element of project risk.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Successful risk management requires:
Misunderstanding the benefits of risk management
Inadequate time for risk identification
Use of non-standard approach to access risk
Stakeholder responsibility
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ involves deciding which risks can impact the project.
Plan Risk Management
Identify Risks
Perform Quantitative Risk Analysis
Plan Risk Responses
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