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1. DEVRY PROJ 595 Final Exam Set 3 (NEW)
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Question 1.
(TCO A) Qualitative risk analysis
Question 2.
(TCO A) You are the project manager of a new, innovative
project. One overarching principle you adhere to is
Question 3.
(TCO B) Project assumptions are created in the scope
statement. These assumptions are revisited in which process of
risk management?
Question 4.
(TCO D) In which risk response strategies are risks guaranteed
to not occur if they are negative and guaranteed to occur if they
are positive after the response plan is initiated?
Question 5.

2. (TCO E) One the key functions of risk monitoring and control is
to
Question 6.
(TCO H) When using the ATOM process to manage risks, which
is the importance of an initiation meeting?
Question 7.
(TCO A) When is a risk register created? What is its importance
of a risk register to a project?
Question 8.
(TCO B) List and briefly define five specific tools and techniques
that can be used to identify risk associated with projects.
Question 9.
(TCO D) Explain avoidance as a risk response strategy, and
provide an example of its use in a project.
Question 10.
(TCO E) Describe what characteristics a performance
measurement system, to be employed in a risk monitoring and
control process for a project, should have. Include an example
to help illustrate your answer.
Question 11.
(TCO H) What is the importance of including stakeholders and
risk owners in the creation and approval of risk response
plans?