A team is finishing the third release to present to the stakeholder as part of a demonstration. The company that subcontracts the developers has communicated that there is a cash flow problem and the company will not be able to provide the same resources for the next iterations.
What should the project manager do next?

• A.Create a risk register to track the risks and request additional budget.
• B.Analyze the impact against the release plan if the blocker is not addressed.
• C.Work with the project owner to prioritize the product backlog.
• D.Escalate the situation to the project sponsor for a possible resolution.

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Prototype development may be used as a tool for which of the following risk response strategies?

• A.Accept
• B.Mitigate
• C.Avoid
• D.Exploit

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The risk register is initiated in the Risk Identification process and further updated in the Qualitative Risk analysis and Quantitative Risk analysis processes. Which of the following are NOT risk register updates as part of the Quantitative Risk Analysis process?

• A.Prioritized list of qualified risks
• B.Probability of achieving cost and time objects
• C.Risk categorization
• D.Trends in quantitative risk analysis results
• E.Probabilistic analysis of the project

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In which process is a project manager identified and given the authority to apply resources to project activities?

• A.Develop Project Management Plan
• B.Manage Project Execution
• C.Acquire Project Team
• D.Develop Project Charter

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Two team managers argue about who will perform and report the status of a particular task. What source may be consulted to help resolve this?

• A.Responsible, accountable, consult, and inform (RACI) matrix
• B.Work breakdown structure (WBS)
• C.Project sponsor
• D.Team members' functional managers

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