+360-Questions-and-Answers-For-PMBOK-Guide-SIXTH -Edition

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176.The key processes of Project Risk Management are:


A. Plan Risk Management, Identify Risks, Assess Risks, Mitigate Risks, Transfer Risks, and
DocumentOutcomes.
B. Identify Risks, Plan Risk Management, Evaluate Risks, Develop Risk Responses, Mitigate Risks,
and Document Results.
C. Identify Risks, Perform Qualitative Risk Validation, Perform QuantitativeImpact Assessment,
and Develop Risk Response Strategies, Document Response Strategies, and Monitor Risk
Responses.
D. Plan Risk Management, Identify Risks, Perform Qualitative Risk Analysis, Perform Quantitative
Risk Analysis, Plan Risk Responses, Implement Risk Responses, and MonitorRisks.

176.Trategies typically used to deal with threats or risks that mayhave
negative impacts on project objectives if they occur include all of the fo llowing
EXCEPT:


A. Interpreting.
B. Avoiding.
C. Transferring.
D. Mitigating.

178.Risk transference nearly alwaysinvolves :


A. Eliminating risk through betatesting.
B. Policies and procedures for a responsesystem.
C. Accepting a lower profit if some activities overrun theirbudget.
D. Payment of a risk premium to the party taking on therisk.

179.In the Plan Risk Responses process, an accept strategy for a negative risk or
threat indicates that the project team hasdecided :


A. To agree with the projectmanager.
B. To eliminate a specific risk or threat, to reduce the probability and/or impact of an adverse
risk event to be within acceptable threshold limits, or to pursue an opportunityactively.
C. Not to change the project management plan to deal with a risk, or it is unable to identify any
other suitable responsestrategy.
D. To purchase insurance, or to require performance bonds, warranties, and guarantees.

180.The primary output of the Identify Risks process is the:


A. Risk register.
B. Expected monetary value of the risk events.
C. List of correctiveactions.
D. Risk mitigationplan.


  1. A thorough analysis of the will help identify potential risks to the project.


A. Risk identification checklist based on historical information andknowledge
B. Project’s change controlsystem
C. Project’s mission statement
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