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186.Answer:D.
PMBOK®Guide,page 405 ,Section11.1.3.1;ANDPAGE 407 ,Table 11 - 1 ; andpages 422 ,Section
11.3.2
Definitions of Risk Probability and Impact
TheQualityandcredibilityoftheriskanalysisrequiresthatdifferentlevelsofriskprobabilityand
impactbedefinedthatarespecifictotheprojectcontext.Generaldefinedthatarespecifictothe
project context. General definitions of probability levels and impact levels are tailored to the
individualprojectduringthePlanRiskManagementprocessforuseinsubsequentprocesses.Table
11 - 1 Ianexampleofdefinitionsofnegativeimpactsthatcouldbeusedinevaluatingriskimpacts
related to four project objectives. (Similar tables may be established with a positive impact
perspective.)Table 11 - 1 illustratesbothrelativeandnumerical(inthiscase,nonlinear)approaches.
Probability and Impact Matrix
Aprobabilityandimpactmatrixisagridformappingtheprobabilityofeachriskoccurrenceandits
impacton projectobjectives ifthatriskoccurs.Risks areprioritizedaccordingto theirpotential
implicationsforhavinganeffectontheproject’sobjectives.Atypicalapproachtoprioritizingrisksis
tousealook-uptableoraprobabilityandimpactmatrix.Thespecifictableoraprobabilityand
impactmatrix.Thespecificcombinationsofprobabilityandimpactthatleadtoariskbeingratedas
“high,”“moderate,”or‘low”importanceareusuallysetbytheorganization.
Risk Probability and ImpactAssessment
Riskprobabilityassessmentinvestigatesthelikelihoodthateachspecificriskwilloccur.Riskimpact
assessmentinvestigatesthepotentialeffectonaprojectobjectivesuchasschedule,cost,quality,or
performance,includingbothnegativeeffectsforthreatsandpositiveeffectsforopportunities...
187.Answer:B.
PMBOK® Guide, page 457 , Section 11.7.3; and page 453 , Figure 11 - 20
The Monitor Risks process has the followingoutputs:
1.Work PerformanceInformation
2.ChangeRequests.
3.Project Management PlanUpdates.
4.Project DocumentUpdates.
5.Organizational Process AssetsUpdates