This is an uncertain condition or event that could have a negative or positive effect on project
Question:
This is an uncertain condition or event that could have a negative or positive effect on project objectives if it occurs.
Select one:
a. Uncertainty
b. Risk
c. Threat
d. Opportunity
This is the primary output of the Plan Risk Management process.
Select one:
a. Risk register
b. Risk management plan
c. Risk index
d. Probability matrix
This is the process of defining how to perform or conduct project risk management activities.
Select one:
a. Plan risk management
b. Define risks
c. Manage risks
d. Perform risk analysis
This is the process of documenting and identifying relationships among project activities.
Select one:
a. Sequence activities
b. Define activities
c. Schedule activities
d. Completeactivities
This is the process of estimating team resources and the quantities and types of equipment materials and supplies necessary to perform the project work.
Select one:
a. Estimate activity resources
b. Estimate project resources
c. Baselining
d. Resource allocation
This is the process of estimating the number of periods of work required to complete the project activities with the current resources allocated.
Select one:
a. Estimate activity durations
b. Define activities
c. Baseline activities
d. Schedule activities
This method of addressing project threats refers to taking action to reduce the probability of the threat occurrence.
Select one:
a. Escalate
b. Transfer
c. Mitigate
d. Accept
This strategy for dealing with a project opportunity refers to increasing the impact or probability of the opportunity occurring.
Select one:
a. Exploit
b. Escalate
c. Share
d. Enhance
This term refers to a lack of awareness or understanding of events issues or solutions to pursue or paths to follow on a project.
Select one:
a. Uncertainty
b. Ambiguity
c. Complexity
d. Volatility
This term refers to an iterative process where we increase the level of detail in the project plan as more information is made available.
Select one:
a. Experimental development
b. Progressive elaboration
c. Project discovery
d. Project alliteration
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill