Bill Project Manager of the JKH project. He and the project team identified the risk event in the project with a high probability of occurrence of risk events and has a great impact on project costs. The bill analyzes risk developments with Virginia, an important client of the project, and decides that the requirements surrounding risks’ events must be eliminated from the project. Eliminating the requirement affects the scope of the project, but can release the project due to the high degree of risk. What is the risk response in this project?
In some parts of the project are the greatest risks and opportunities, and requires intensive planning and anticipation of the risks.
You work as Project Manager for Bluewell Inc. Your method is used with your equipment or process (technical) that conceives risks, even if all safety measures are applied in possible theory. One of the team members wants to know what is a residual risk. What will you tell your team member?
This is the risk that remains, because no risk of a response is received.
This is the risk that remains after the planned risk responses are received.
This is a risk that can not be resolved by the reaction of risks.
This is a risk that there will be, regardless of the type of response the proposed risk.
You are the project manager of your organization. It is prepared for quantitative risk analysis. Mark, a member of the project team, wants to know why he should do a quantitative risk analysis, when he has just completed a qualitative risk analysis. Which of the following affirmations defines better than quantitative risk analysis?
Quantitative risk analysis is the planning and quantification of risk responses based on the probability and impact of each risk event.
The quantitative analysis of risk is the process of risks prioritization for greater analysis or evaluation and action by combining your chances of occurrence and impact.
The quantitative risk analysis is to review the risk of events with high probability and high impact on project objectives.
Quantitative risk analysis is a process of numerical analysis of the effect of identified risks on the general objectives of the project.
Fred Project Manager CPS Project. Works with its priorities, the project team identified risks within the CPS project. He and the risk of prioritization of the command for a greater analysis or action evaluating and combining probability and risk exposure. What process is complete, Fred?
To perform a qualitative analysis.
Creating a risk of hierarchical structure.
Diana is the project manager of the HGF project. The risk that has been identified and analyzed in the project planning process is currently being done. Does that person must respond to the risk of a previously planned risk response?
The sponsor of the project