You are the project manager for your organization and you are working with Thomas, a project team member. You and Thomas have been working on a specific risk response for a probable risk event in the project. Thomas is empowered with a risk response and will control all aspects of the identified risk response in which a particular risk event will happen within the project. What title, in regard to risk, is bestowed on Thomas?

• A.Risk team leader
• B.Risk expeditor
• C.Risk owner
• D.Risk coordinator

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Harry works as a project manager for BlueWell Inc. He is determining how to conduct the risk management activities for a project. According to the PMBOK, there are six inputs to the plan risk management process. Which one of the following is NOT an input to this process?

• A.Cost management plan
• B.Risk management plan
• C.Project scope statement
• D.Schedule management plan

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A project manager is hired as a consultant by the executive sponsor to manage a major change program that has experienced two past failures. The current executive sponsor believes the project is in good shape based on feedback from the last project manager and reports this to senior executive management. The executive sponsor believes there were no major risks threatening the time, budget, or quality of the project. In the first week of risk analysis, the project manager concludes the project timeline is unrealistic and is three months behind schedule. The organization's risk appetite is low.
What is the first step that should be taken?

• A.Discuss the project schedule with the executive sponsor and agree on a strategy for updating the risk management plan and risk response plans.
• B.Update existing risk response plans and include more resources to get the project back on track.
• C.Review the project schedule and recommend fast tracking the schedule and/or crashing the critical path.
• D.Immediately call a steering committee meeting, report the project status, and suggest project scope reductions to save time.

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Which of the following processes looks at the complex web of actors, rules, conventions, processes, and mechanisms concerned with how relevant risk information is collected, analyzed and communicated, and how management decisions are taken?

• A.Risk Response Planning
• B.Risk Communication
• C.Risk Governance
• D.IRGC

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The senior risk manager hears that critical deliverables are delayed, because a key subject matter expert (SME) does not have enough time to allocate to the tasks. Which area should be reviewed, as an opportunity for the risk manager to coach the project manager responsible for the project?

• A.Scope reduction to reduce SME reliance
• B.Risk management plan and planned risks responses
• C.Risk identification process and participation
• D.Detailed review of the project schedule before approval

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