Question 1

Risk is the possibility of loss or injury.

Accepted Answer

A) True 
 B)False

Question 2

Risk is allocated evenly over the life of the project.

Accepted Answer

A) True 
 B)False

Question 3

An) _____ is the possible occurrence that may have a negative impact on the project.

Accepted Answer

A)  critical path 
B)  scope creep 
C)  risk event 
D)  chance cause 
E)  control limit 
A)  critical path 
B)  scope creep 
C)  risk event 
D)  chance cause 
E)  control limit

Question 4

Which of the following is true about risk?

Accepted Answer

A)  Project risk focuses on identifying, assessing, and eliminating the risks on the project. 
B)  Risk management is all about eliminating risk. 
C)  Project risk is an uncertain event that, even if it occurs, has no effect on project objectives. 
D)  There are no risk-free projects. 
E)  Risk management involves identification, evaluation, and elevation of risk. 
A)  Project risk focuses on identifying, assessing, and eliminating the risks on the project. 
B)  Risk management is all about eliminating risk. 
C)  Project risk is an uncertain event that, even if it occurs, has no effect on project objectives. 
D)  There are no risk-free projects. 
E)  Risk management involves identification, evaluation, and elevation of risk.

Question 5

All project mangers conduct a formal risk assessment on the project.

Accepted Answer

A) True 
 B)False

Risk is the possibility of loss or injury.

Risk is allocated evenly over the life of the project.

An) _____ is the possible occurrence that may have a negative impact on the project.

Which of the following is true about risk?

All project mangers conduct a formal risk assessment on the project.

Introduction to Project Management

Project Profiling

Project Phases and Organization

Understanding and Meeting Client Expectations

Working With People on Projects

Communication Technologies

Starting a Project

Project Time Management

Estimating and Managing Costs

Managing Project Quality

Project Procurement and Closure

Filters

Exam 11: Managing Project Risk

Risk is the possibility of loss or injury.

Risk is allocated evenly over the life of the project.

An) _____ is the possible occurrence that may have a negative impact on the project.

Which of the following is true about risk?

All project mangers conduct a formal risk assessment on the project.

Introduction to Project Management

Project Profiling

Project Phases and Organization

Understanding and Meeting Client Expectations

Working With People on Projects

Communication Technologies

Starting a Project

Project Time Management

Estimating and Managing Costs

Managing Project Quality

Project Procurement and Closure

Filters