SY53102FP PM Chapter 4

SY53102FP PM Chapter 4

Professional Development

20 Qs

quiz-placeholder

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SY53102FP PM Chapter 4

SY53102FP PM Chapter 4

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

Hard

Created by

Phie Lip Wee

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a dimension used in the Risk Impact/Probability Chart?

Probability

Impact

Cost

Likelihood

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is risk management?

Minimizing project costs

Identification, assessment, and prioritization of risks

Hiring more workers

Scheduling project tasks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a risk management strategy?

Risk Avoidance

Risk Ignorance

Risk Multiplication

Risk Expansion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A risk that has a probability of 0% is considered:

A certianty

Not a risk

A high risk

An opportunity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which risk management technique involves accepting the consequences of a risk?

Risk Retention

Risk Sharing

Risk Avoidance

Risk Reduction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is contingency plan?

The main project plan

A plan for responding to identified risk

A financial report

A hiring strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a positive risk?

Threat

Opportunity

Hazard

Liability

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