Which of the following primary factors are used to prioritize the development of risk response strategies?
(Choose two.)

• A.Likelihood
• B.Quality
• C.Timeline
• D.Cost
• E.Impact

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Which of the following defines a group of projects that work together to achieve a common goal?

• A.Product
• B.Portfolio
• C.Program
• D.Project plan

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During the execution phase, the project manager discovered that the testing phase is dependent on completion of the vendor's tasks. The project team has just informed the project manager their activities are almost complete, and they would like permission to begin testing. The vendor is not scheduled to deliver the products for two months.
Which of the following should have occurred to prevent this issue?

• A.During the planning phase, the project manager should have recognized the relationship between the vendor's and project team's tasks and adjusted the schedule for the project team to begin activities two months later.
• B.The project manager should have crashed the schedule for the vendor to keep it at the same work pace as the rest of the project team.
• C.During the project team's regular status meeting with the vendor, the project team should have informed the vendor that the team was ahead of schedule and to speed up their work.
• D.During the project team's regular status meeting with the vendor, the vendor should have informed the project team that it required another two months, and to slow down.

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A company has determined it does not have the in-house capability to perform a project and wants to procure third-party services.
Which of the following documents will the company MOST likely release FIRST?

• A.RFO
• B.RFI
• C.RFP
• D.RFQ

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A software upgrade project has been postponed because it may impact a critical business system. Which of the following strategies has been applied?

• A.Mitigate risk
• B.Exploit risk
• C.Avoid risk
• D.Accept risk

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