The risk register is developed during the initial phases of a virtualized desktop deployment. The register is reviewed by peers, responses are planned, reviewed again, and risks are prioritized. After project completion, the risk register is reviewed as part of the formal lessons learned process. During the review, itis realized that the risk register was not updated, and many responses were not executed during the deployment.
Which of the following options should have been performed during the execution of the project?

• A.Risk identification
• B.Risk management process
• C.Response planning
• D.Risk monitoring and control process

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Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project. She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely.
What risk response has Holly used in this instance?

• A.This is the risk mitigation response.
• B.This is the transference risk response.
• C.This is the avoidance risk response.
• D.This is a scope change and not a risk response.

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During the risk Monitor and Control Project Work process, the scope, schedule, and cost begin to increase.
What outputs should be updated and/or created?

• A.Project management plan, project documents, and human resource plan
• B.Change requests, project management plan, and project documents
• C.Change requests, cost plan, and project documents
• D.Enterprise environmental factors, change requests, and project management plan

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Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?

• A.Enhance
• B.Transference
• C.Share
• D.Acceptance

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A risk is identified and documented by the risk manager, but it is unclear how this risk can be proactively managed. In this situation, what type of reserve should be allocated for the risk?

• A.Residual
• B.Management
• C.Budget
• D.Contingency

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