PMP Chapter 11
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Risk acceptance as a response technique is appropriate when the (BLANK) of the risk event is equal or greater than the (BLANK) should the risk event occur. | Cost & Cost
🗑
|
||||
| (BLANK) is an effort to reduce the probability and/or impact of an identified risk. | Mitigation
🗑
|
||||
| A manufacturing project which has a plan to reduce the number of units produced should the equipment reach a certain temperature that would increase errors is called (BLANK) | Thresholding
🗑
|
||||
| (BLANK) also known as risk tolerance, is an organization or an individual's willingness to accept risk. | Utility Function
🗑
|
||||
| Risk planning should always occur when the (BLANK) is changed. | Scope
🗑
|
||||
| The (BLANK) is a project plan component that contains all of the information related to the risk management activities. | Risk Register
🗑
|
||||
| These risks have only a negative outcome like, fire theft or natural disaster. They are also known as insurable risks. | Pure Risks
🗑
|
||||
| These risks can have both positive and negative outcomes. An example would be foregoing expensive formal training for on-the-job education. They are also known as speculative risks. | Business Risks
🗑
|
||||
| A project risk is an (BLANK) occurrence that can affect the project for good or bad. | uncertain
🗑
|
||||
| (BLANK) is an iterative process and should occur throughout the project life cycle. | Risk identification
🗑
|
||||
| The goal of (BLANK) is an anonymous method of querying experts to build consensus on project risks. | The Delphi Technique
🗑
|
||||
| True or False - When risk analysis is begun Quantitative is done prior to Qualitative. | False
🗑
|
||||
| The Probability-Impact matrix is an example of Qualitative or Quantitative Analysis? | Qualitative
🗑
|
||||
| A table of risks, their probability, impact and a number representing an overall risk score is called (BLANK) | Probability-Impact matrix
🗑
|
||||
| EMV is an acronym that stands for (BLANK) | Expected monetary value
🗑
|
||||
| The formula for EMV is (BLANK) | Cost of Risk * Percentage the Risk will Occur
🗑
|
||||
| (BLANK) is the process of shifting the ownership of risk to a third party. An example would be purchasing of insurance. | Transference of Negative Risk
🗑
|
||||
| (BLANK) is a technique where simulations are completed with multiple variables to determine their impacts and predict the most likely model. | Monte Carlo Technique
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
lapetti
Popular Computers sets