PROJ 595 Week 5 Quiz

Jul 6th, 2016
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DeVry University
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Question 1. (TCO A) A stakeholder analysis in risk management (Points: 5) Question 2. (TCO A) When using the ATOM process to manage risks, an initiation meeting should be used for (Points: 5) Question 3. (TCO B) All of the below are risk identification methods, except (Points : 5) Question 4. (TCO D) In risk response planning, which is the difference between active and passive acceptance? (Points: 5) Question 5. (TCO E) A common tool for use in risk monitoring and control is (Points: 5) Question 6. (TCO H) When using the ATOM process to manage risks, which is the importance of an initiation meeting? (Points: 5) Question 7. (TCO A) When is a risk register created? What is its importance of a risk register to a project? (Points: 10) Question 8. (TCO B) You are the project manager for a major technological project. You are concerned about doing qualitative risk analysis. How do you ensure consistency when doing qualitative risk analysis across all risk evaluators? (Points: 15)

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1. (TCO A) A stakeholder analysis in risk management (Points : 5)identifies project stakeholders.obtains stakeholder tolerance for a given project.determines how best to manage a given stakeholder in a project.determines how often to meet with a given stakeholder.Question 2. 2. (TCO A) When using the ATOM process to manage risks, an initiationmeeting should be used for (Points : 5)all projects.small and medium projects.complex projects.medium and large projects.Question 3. 3. (TCO B) All of the below are risk identification methods, except (Points : 5)Ishikawa diagrams.process flow diagrams.SWOT.residual risk diagrams.Question 4. 4. (TCO D) In risk response planning, which is the difference between activeand passive acceptance? (Points : 5)Using passive acceptance, risk responses are created.Using active acceptance, secondary risks are created.Using passive acceptance, contingency plans are created.Using active acceptance, contingency plans are created.Question 5. 5. (TCO E) A common tool for use in risk monitoring and control is (Points : 5)scope compression.activity on the node.quality control.earned value measurementQuestion 6. 6. (TCO H) When usi

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