Based on the following table, as a project manager, which risk are you going to tell the project stakeholders is the greatest and, therefore, the biggest concern of the team right now?

• A.Risk A
• B.Risk D
• C.Risk B
• D.Risk C

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The proposed implementation of a product is rejected by the risks department due to noncompliance with a legal requirement Following the audit recommendation would cause an unacceptable increase in the project schedule What should the project manager do?

• A.Avoid the risk, and terminate the project according to the Close Project or Phase process
• B.Reduce the risk by working with the risks department to determine an alternative solution with less impact
• C.Accept the risk and implement the original solution, keeping a contingency reserve for any legal problems
• D.Transfer the risk by subcontracting a development company to implement the onginal solution

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A project manager creates a risk management plan and obtains project sponsor approval. One new risk was identified. What should the project manager do first?

• A.Prioritize the project risks
• B.Perform a quantitative risk analysis
• C.Perform a qualitative risk analysis
• D.Plan a risk response

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The detailed project scope statement includes all of the following EXCPET:

• A.Project boundaries, project deliverables, project acceptance criteria
• B.Fund limitation, cost estimate, configuration management requirements
• C.Constraints/ assumptions, initial defined risks, schedule milestones
• D.Project objectives, project scope description, project requirements
• E.Project specification, approval requirements, WBS

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Which of the following is or are a part of Solicitation process

• A.All of the above.
• B.Evaluation Criteria
• C.Weighting System
• D.Bidder's conference
• E.Contractors proposal

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