please provide an answer for each question: QUESTION $10$

Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT:

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a$.$ understand trigger conditions, or circumstances under which a risk strategy or risk action will be invoked

b$.$ conduct a root cause analysis

c$.$ perform a Monte Carlo analysis

d$.$ develop a flow chart that shows how people, materials or data flow from one person or location to another

$0\mathrm{.}5$ points

QUESTION $11$

You have been tasked with evaluating the risks on a large project. After several weeks working on the effort you are finding it very difficult to evaluate the exact cost of impacts of the risks you are analyzing. Based on this situation you should evaluate the risks on a$($n$)$:

a$.$

Mathematical basis

b$.$

Qualitative basis

c$.$

Statistical basis

d$.$

Quantitative basis

$0\mathrm{.}5$ points

QUESTION $12$

The cost per risk for risks discovered early in the project is often more than the cost per risk for risks discovered late because there is more opportunity for the risk to impact several dimensions of the project.

True

False

$0\mathrm{.}5$ points

QUESTION $13$

Perform Quantitative Risk Analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.

True

False

$0\mathrm{.}5$ points

QUESTION $14$

When the impact of an event is negative, it is considered a risk; when the impact is positive, the event is considered an opportunity.

True

False

$0\mathrm{.}5$ points

QUESTION $15$

The primary output of Identify Risks is the Risk Identification Matrix $($RIM$).$

True

False

$0\mathrm{.}5$ points

QUESTION $16$

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all.

True

False

$0\mathrm{.}5$ points

QUESTION $17$

Your team has made a list of all the risks identified by various stakeholders using several methods. You then made sure the risks are understood & triggers identified. You just completed working with your stakeholders to determine ways to mitigate each of the risks. What have you done wrong?

a$.$

More people should be involved in the plan risk responses.

b$.$

Triggers are not identified until the identify risks process.

c$.$

You should have created workarounds

d$.$

You should have waited until the perform qualitative risk analysis process to get the stakeholders involved.

$0\mathrm{.}5$ points

QUESTION $18$

You have just determined that you need to transfer a risk. In which of the following risk management processes are you?

a$.$

Identify risks

b$.$

Plan risk responses

c$.$

Monitor and control risks

d$.$

Perform quantitative risk analysis

$0\mathrm{.}5$ points

QUESTION $19$

Which of the following accurately describes risk in project management?

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a$.$ A risk may impact the project in a positive or negative way.

b$.$ Some projects have no risks.

c$.$ Risk assessment should remain objective and uninfluenced by stakeholder priorities.

d$.$ Project managers should always be risk averse

$0\mathrm{.}5$ points

QUESTION $20$

You are the project manager on a multiyear facilities development project. Significant spring rains caused major flooding that caused power outages and the loss of all project records not stored on your laptop. What should have been done to prevent this problem?

a$.$

Plan for a larger management reserve.

b$.$

Approve a larger contingency reserve.

c$.$

Maintain the records outside a flood plain

d$.$

Monitor the weather and have a contingency plan.