Project Risk Management - Final Exam
Quiz
•
Professional Development
•
Professional Development
•
Practice Problem
•
Medium
Dionne Cooper-Jones
Used 1+ times
FREE Resource
Enhance your content in a minute
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following best defines project risk?
An issue that has already occurred
An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives
A guaranteed event that impacts cost or schedule
A change request submitted to the project sponsor
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You are managing a marketing campaign. There is a risk that a competitor may launch a similar campaign first. You decide to launch your campaign earlier to guarantee you hit the market before them. What strategy is this?
Exploit
Avoid
Mitigate
Transfer
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A risk that increases project value if it occurs is called:
Negative risk
Threat
Opportunity
Assumption
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which risk response strategy is most appropriate for threats that must be eliminated entirely?
Accept
Avoid
Transfer
Mitigate
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You are managing a construction project during hurricane season. The team decides to purchase insurance. What strategy is this?
Mitigation
Transfer
Accept
Avoid
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which process comes first in risk management according to PMBOK?
Perform Quantitative Risk Analysis
Plan Risk Management
Identify Risks
Plan Risk Responses
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
You are building a bridge, but heavy storms could delay construction. The team changes the schedule to avoid working in rainy months. What strategy is this?
Avoid
Mitigate
Transfer
Accept
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
55 questions
TO WEEKLY 12 MANSOSWA PPPK GMI
Quiz
•
Professional Development
50 questions
LATIHAN UNBK 1
Quiz
•
Professional Development
50 questions
YB4 ProfEd - Technology for Teaching and Learning
Quiz
•
Professional Development
50 questions
Pedagogi
Quiz
•
Professional Development
50 questions
ID703 Book Quiz # 1
Quiz
•
Professional Development
55 questions
Ice Breaker Questions
Quiz
•
KG - Professional Dev...
50 questions
EMA_EE3109FP_Revision paper 1
Quiz
•
Professional Development
53 questions
HTML And CSS
Quiz
•
4th Grade - Professio...
Popular Resources on Wayground
10 questions
Forest Self-Management
Lesson
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
30 questions
Thanksgiving Trivia
Quiz
•
9th - 12th Grade
30 questions
Thanksgiving Trivia
Quiz
•
6th Grade
11 questions
Would You Rather - Thanksgiving
Lesson
•
KG - 12th Grade
48 questions
The Eagle Way
Quiz
•
6th Grade
10 questions
Identifying equations
Quiz
•
KG - University
10 questions
Thanksgiving
Lesson
•
5th - 7th Grade
