PMP Quiz 9 February 2017
When managing current projects, it is important to use lessons learned from previous projects to improve the organization’s project management process. Therefore, in project closing procedures, it is important to review the—
PMP Quiz 8 February 2017
Your project is using complex, unproven technology. Your team conducted a brainstorming session to identify risks. Poor allocation of project resources was the number one risk. This risk was placed on the risk register, which included at this point a—
PMP Quiz 7 February 2017
The primary advantage of using decision-tree analysis in project risk management is that it—
PMP Quiz 6 February 2017
Which of the following is an example of recommended corrective action in risk management?
PMP Quiz 3 February 2017
Risk score measures the—
PMP Quiz 2 February 2017
The purpose of a numeric scale in risk management is to—
PMP Quiz 1 February 2017
A recent earned value analysis shows that your project is 20 percent complete, the CPI is 0.67, and the SPI is 0.87. In this situation, you should—
PMP Quiz 31 January 2017
You are managing the construction of a highly sophisticated data center in Port Moresby, Papua, New Guinea. Although this location offers significant economic advantages, the threat of typhoons has caused you to create a backup plan to operate in Manila in case the center is flooded. This plan is an example of what type of risk response?
PMP Quiz 30 January 2017
If a business venture has a 60-percent chance to earn $2 million and a 20-percent chance to lose $1.5 million, what is the expected monetary value of the venture?
PMP Quiz 25 January 2017
The simplest form of quantitative risk analysis and modelingtechniques is—