The main difference between the performance lens and the knowledge lens in the uncertainty analysis is that:

Question 9 options:

a)

Performance lens is qualitative and knowledge lens is quantitative

b)

Performance lens looks at project performance while knowledge lens looks at imperfect knowledge on the project

c)

Performance lens is done at the beginning of the project and knowledge lens as the project progresses

d)

One triggers risk identification and the other triggers risk response

e)

Both concepts are identical

Question 10 (0.3 points)

Risk identification is done in what stage of the project lifecycle

Question 10 options:

a)

Initiation

b)

Planning

c)

Execution

d)

Closing

e)

It must be done in all stages

Question 11 (0.3 points)

A member of your project team asks you to explain why it is necessary to "structure all uncertainty" in the framework you are using to manage risks. The BEST explanation you can give is

Question 11 options:

a)

Create a common communication tool

b)

Complete contractual tools

c)

Understand why you should not be concerned about the uncertainties of the project

d)

Look at the project scope

e)

Improve understanding of the relative importance of different sources

Question 12 (0.3 points)

You have finished finding all sources of uncertainty in a very small project. One of your team members just completed a diploma in project management and tells you: "We need to also clarify secondary sources". The BEST answer you can provide to your team member is

Question 12 options:

a)

We need to look at the project charter

b)

There are no secondary sources

c)

let's see if the risk register has more rows to add risks

d)

This is not a complex project, so we only need to look at primary sources

e)

We need to ask the sponsor to find out if she agrees