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WorksheetsRisk Management
Total questions: 10
Worksheet time: 5mins
In general, because of the similarities in IT projects, one can manage all projects and risk in the same manner.
True
False
Effective project risk management requires that each risk have an owner.
True
False
The best time to plan for risk is during the project execution phase when risk can be assessed most accurately.
True
False
Project risk management focuses solely on the downside of risk that results from unexpected problems or threats.
True
False
It never pays to ignore an element of project risk.
True
False
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
_____ involves deciding which risks can impact the project.
Plan Risk Management
Identify Risks
Perform Quantitative Risk Analysis
Plan Risk Responses
_____requires determining the true problem, or cause, of the risk.
Risk identification
Risk planning
Risk assessment
Risk monitoring and control
Gaining consensus from a group of experts would be most closely associated with:
Learning Cycles
Brainstorming
Nominal Group Technique
Delphi Technique
Reserves and contingency plans would be used in which risk strategy?
Avoidance
Accept or ignore
Mitigation
Transfer
