A company is executing a high-visibility project to develop mobile phone technology. The project sponsor is concerned that an overall high risk rating may undermine support for the project within the company. The sponsor has instructed the project manager to manipulate the data used for Monte Carlo simulation to artificially reduce the risk rating. What should the project manager do?

• A.Schedule a face-to-face meeting with the project sponsor.
• B.Modify the data.
• C.Ignore the request.
• D.Email the project sponsor explaining why the data should not be modified.

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Ruth is the project manager of ISFH project for her company. This project is forty percent complete and it appears that some risk events are going to happen in the project that will have an adverse affect on the project. Ruth creates a change request regarding the risks. Is this a valid response?

• A.No, change requests should not address pending risks, but only scope changes.
• B.No, change requests should not address risks, only risk response strategies should be issued.
• C.Yes, change requests can be recommended for corrective actions for contingency plans.
• D.Yes, change requests can ask for additional funds to pay for the risk impact.

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The stakeholder is unwilling to make decisions that would result in negative consequences to the project.
Which of the following describes the stakeholders attitude regarding project risks?

• A.Risk accepting
• B.Risk averse
• C.Not enough information available to describe the stakeholder's risk attitude.
• D.Risk neutral

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Della works as a project manager for Tech Perfect Inc. She is studying the documentation of planning of a project. The documentation states that there are twenty-eight stakeholders with the project. What will be the number of communication channels for the project?

• A.300
• B.378
• C.28
• D.250

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Gary is the project manager of the MMQ project for his company. He is working with his project team to plan the risk responses for his project. Sarah, a project team member, does not understand the process that Gary is using to plan the risk responses. Which approach is the preferred method to address project risks and the risk responses?

• A.Risks in the project should be addressed by their impact for creating risk responses.
• B.Risks in the project should be addressed by their priority for creating risk responses.
• C.Risks in the project should be addressed by their probability for creating risk responses.
• D.Risks in the project should be addressed by the organization's risk tolerance for creating risk responses.

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