Question: 21) This is defined as a source oriented grouping of project risks that organizes and defines the total risk exposure to the project. Select one:

21) This is defined as a source oriented grouping of project risks that organizes and defines the total risk exposure to the project.

Select one:

a. Risk probability matrix

b. Risk management plan

c. Risk breakdown structure

d. Risk exposure plan

22) This is known as parametric or ____________ cost estimation.

Select one:

a. Expedited

b. Analogous

c. Comparative

d. Ballpark

23) This is the process that addresses the complex challenges of project constraints. With this method, we are required to develop procedures the minimize the effects of resource demands across the project lifecycle.

Select one:

a. Resource contingency development

b. Resource planning

c. Resource leveling

d. Resource loading

24) This method of prioritizing resource allocation is considered by some as the best decision rule for making priority decisions and results in the smallest schedule slippage to the project. It is called activities with __________.

Select one:

a. The most successor tasks

b. With the smallest amount of slack

c. Requiring the most resources

d. The smallest duration

25) This phase of leveling the resource loading table includes selecting the activity to be reconfigured.

Select one:

a. Resource loading phase

b. Resource leveling phase

c. Phase 2

d. Phase 1

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