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Why Risks and Changes Occur

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

You may remember that a risk is a potential event that might occur and could impact your project. When you think about risks in the context of project management,

you'll think about them as __________.

a)

manageble

b)

hypothetical

2.

When any ______ occurs, the consequence is a change to the project plan. A change is anything that alters or impacts the tasks, structures, or processes within a project. Changes are typically unexpected and often have a negative impact on the project.

a)

issue

b)

risk

3.

Changes can encompass any variance from the original project plan in

regards to the triple constraint. In order to decide if a scope change is acceptable and what impact it will have, project managers usually refer to the triple constraint model. The triple constraint model is the combination of the three most significant restrictions of any project: _____, ______ and ______.

a)

scope

b)

issues

c)

time

d)

cost

4.

Changes can encompass any variance from the original project plan in regards to the triple _______. This may entail changing priorities and scope, budget and resources, or changes to the project timeline.

a)

threat

b)

constraint

5.

Some examples of changes may include new or changing _______; tasks, activities, or milestones that are reliant on one another.

a)

dependencies

b)

reliencies

6.

Some examples of _______ may include new or changing dependencies, changing priorities, capacity and people available, a new limitation on your budget or resources, scope creep, and force majeure; change that could occur due to a national or international crisis

a)

problems

b)

changes

7.

Changes should be measured against the baseline estimates of scope,

budget, and time allotted for your project, given the original requirements.

Be mindful that when you change any one of those things, there may be knock-on effects which could be positive or negative.

a)

True

b)

False

8.

In order to properly manage changes, you'll want to refer to documents like

your Statement of Work and the ______chart.

a)

Gantt

b)

RACI

9.

You'll want to create or familiarize yourself with the processes for requesting changes for your team or organization. These processes might include a ______request form.

a)

change

b)

modification

10.

You and your stakeholders will use these forms in order to stay on top of, and adequately manage, any changes.

a)

risk management forms

b)

change request forms

11.

Since a lot of people with different roles on the project can fill out change request forms, it's important for the forms to be self-explanatory and very thorough.

a)

True

b)

Fasle

12.

When creating a statement of change, you can also refer to your _________ for more information about who needs to be involved in that conversation.

a)

market plan

b)

statement of work

13.

If you find that one or more of your ______are at risk of not being completed,

then you'll need to get a customer sign-off before the scope, deadline, or budget are changed, and all parties involved need to be informed.

a)

milestones

b)

tasks