You are the project manager of the NNN project for your company. You and the project team are working together to plan the risk responses for the project. You feel that the team has successfully completed the risk response planning and now you must initiate what risk process it is. Which of the following risk processes is repeated after the plan risk responses to determine if the overall project risk has been satisfactorily decreased?

• A.Risk identification
• B.Risk response implementation
• C.Quantitative risk analysis
• D.Qualitative risk analysis

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You are working with your project stakeholders to identify risks within the JKP Project. You want to use an approach to engage the stakeholders to increase the breadth of the identified risks by including internally generated risk. Which risk identification approach is most suited for this goal?

• A.Assumptions analysis
• B.SWOT analysis
• C.Brainstorming
• D.Delphi Technique

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Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three separate risk scores. Who is correct in this scenario?

• A.Sammy is correct, because organizations can create risk scores for each objective of the project.
• B.Sammy is correct, because she is the project manager.
• C.Harry is correct, because the risk probability and impact considers all objectives of the project.
• D.Harry is correct, the risk probability and impact matrix is the only approach to risk assessment.

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You are the project manager of a large, high-profile project in your organization. You have realized that politics within your company may affect the true identification of risk events within the project. You decide that you'd like to use a method to identify risk events through an anonymous process. Which one of the following risk events will allow you to collect and distribute risk information without the stakeholders knowing what other stakeholders are communicating about the project risk events?

• A.Delphi Technique
• B.Monte Carlo Technique
• C.Surveys
• D.Checklist analysis

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You are the project manager of the NGH project for your organization. You want to create a causeand- effect diagram to help discover the root causes of the risks within the project. Harold, the CIO, recommends that you create an Ishikawa diagram instead. What is an Ishikawa diagram?

• A.It is the same thing as a root cause diagram.
• B.It diagrams the risks according to the work breakdown structure including resources.
• C.It is a graphical representation of situations showing causal influences.
• D.It shows how various elements of a system interrelate.

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