Question: Peter believed that five steps risk process should include the following:Required to answer. Single choice. (1 Point) Identification, analysis, impact analysis, mitigation, monitoring Assessment, analysis,

Peter believed that five steps risk process should include the following:Required to answer. Single choice.

(1 Point)

Identification, analysis, impact analysis, mitigation, monitoring

Assessment, analysis, priorities, response, monitoring

Identification, analysis, response planning, priorities, monitoring

Initiating, planning, executing, controlling, closing

7.The company is trying to address the risk ofRequired to answer. Single choice.

(1 Point)

Acquiring small companies

Finding right companies

Process integration

Understanding new company process

8.Correct application of MCA on risk scheduling would help to (Choose as many as apply)Required to answer. Multiple choice.

(1 Point)

Avoid incorrect scheduling

Overcome the risk of late time to market

Achieve customer satisfaction

Loss in profitability

9.Monte Carlo analysis is good for large projects due to (Choose as many as apply)Required to answer. Multiple choice.

(1 Point)

More data available

More uncertainties

Resource availability

More sensitivity

10.Monte Carlo Analysis can be used forRequired to answer. Single choice.

(1 Point)

Deterministic estimates

Probabilistic estimates

Option 3Cost Estimates for certain products

Schedule Estimates for certain products

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