The project sponsor has asked the project manager how much more a P90 will cost. The sponsor has budgeted for a P40. The project values are in thousands.
How much additional funding would the sponsor need to budget for a P90?

• A.US$913,000
• B.US$8,495,000
• C.US$9,408,000
• D.US$794,000

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Nancy is the project manager of a project with 78 stakeholders. This is a high-profile project and she needs to express to her project team and to the management the importance of communication in this project. She would like to show the number of stakeholder communication channels in the project. Based on this information how many communication channels exist within this project?

• A.156
• B.3,003
• C.78
• D.6,084

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Management has asked you to perform a risk audit and report back on the results. Bonny, a project team member asks you what a risk audit is. What do you tell Bonny?

• A.A risk audit is an audit of all the risks that have occurred in the project and what their true impact on cost and time has been.
• B.A risk audit is a review of all the risk probability and impact for the risks, which are still present in the project but which have not yet occurred.
• C.A risk audit is a review of the effectiveness of the risk responses in dealing with identified risks and their root causes, as well as the effectiveness of the risk management process.
• D.A risk audit is a review of all the risks that have yet to occur and what their probability of happening are.

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Thomas is a key stakeholder in your project. Thomas has requested several changes to the project scope for the project you are managing. Upon review of the proposed changes, you have discovered that these new requirements are laden with risks and you recommend to the change control board that the changes be excluded from the project scope. The change control board agrees with you. What component of the change control system communicates the approval or denial of a proposed change request?

• A.Integrated change control
• B.Scope change control system
• C.Configuration management system
• D.Change log

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

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