http://www.alsenosy.com | http://www.professionalengineers.usEffective communication creates a bridge between diverse stakeholders whose differences will
generallyhaveanimpactorinfluenceupontheprojectexecutionoroutcome,soitisvitalthatall
communicationisclearandconcise.
- Project Risk Management includes all of the following EXCEPT:
A. Allprojectsarerisky.Organizationschoosetotakeprojectriskinordertocreatevalue,while
balancingriskandreward.
B. ProjectRiskManagementaimstoidentifyandmanagerisksthatarenotcoveredbyother
projectmanagementprocesses.
C. RiskexistsattwolevelswithineveryprojectIndividualprojectriskisanuncertaineventor
conditionthat,ifitoccurs,hasapositiveornegativeeffectononeormoreprojectobjectives
Overallprojectriskis theeffectofuncertaintyontheprojectasawhole,arisingfromall
sourcesofuncertainty,includingindividualrisks,representingtheexposureofstakeholders to
theimplicationsofvariationsinprojectoutcome,bothpositiveandnegative.ProjectRisk
Managementprocessesaddressbothlevelsofriskinprojects.
D. Ignoringoverallprojectrisktofocusonspecificprojectrisks,becausethatwilltakecareof
projectoverallrisk.ProjectProcurementManagementincludesallofthefollowingEXCEPT:.
A. Allprojectsarerisky.Organizationschoosetotakeprojectriskinordertocreatevalue,while
balancingriskandreward.
B. Procurementinvolvesagreementsthatdescribetherelationshipbetweenabuyeranda
seller.Agreementscanbesimpleorcomplex,andtheprocurementapproachshouldreflect
thedegreeofcomplexity.Anagreementcanbeacontract,aservice-levelagreement,an
understanding,amemorandumofagreement,orapurchaseorder.
C. Agreementsmustcomplywithlocal,national,andinternationallawsregardingcontracts.
D. Theprojectmanagershouldensurethatallprocurementsmeetthespecificneedsofthe
project,whileworkingwithprocurementspecialiststoensurethatorganizationalpoliciesare
followed.- Project Stakeholder Management includes all of the following EXCEPT:
A. Theprocessofidentifyingandengagingstakeholdersforthebenefitoftheprojectis iterative,
andshouldbereviewedandupdatedroutinely,particularlywhentheprojectmoves intoa
newphaseoriftherearesignificantchangesintheorganizationorthewider stakeholder
community.
B. Physical resource management is concentrated on allocating and utilizing the physical
resourcesneededforsuccessfulcompletionoftheprojectinanefficientandeffectiveway.
Failuretomanageandcontrolresourcesefficientlymayreducethechancesofcompletingthe
projectsuccessfully
C. Thekeytoeffectivestakeholderengagementisafocusoncontinuouscommunicationwith all
stakeholders.Stakeholder satisfaction shouldbe identifiedand managed asakey project
objective