PMG4 STUDY GUIDE EXAM QUESTIONS.
c, d - CORRECT ANSWER Which of the following are examples of external risk? Select all that apply.
a. A breakdown
... [Show More] in communication among team members
b. A deliverable takes longer than anticipated to complete
c. A project vendor goes out of business
d. A change in regulatory requirements
b - CORRECT ANSWER Which of the following is a recommended method to communicate a medium-level risk to stakeholders?
a. In the weekly planning email, briefly describe the risk and your plan to mitigate it.
b. Send stakeholders a direct email that outlines the risk and includes a detailed explanation of your mitigation plan.
c. Present the risk and your mitigation plan during the team meeting next month.
d. Call an urgent in-person meeting with stakeholders to present the risk and your plan to mitigate it.
b - CORRECT ANSWER Which of the following best describes the risk register in the risk management plan?
a. A list of general information such as the plan's status, creation date, and uploaded date
b. A description of each risk, its risk rating, and a mitigation plan
c. A risk assessment technique such as the probability and impact matrix
d. An introduction to the conditions of the project and an outline of the potential risks
b, d - CORRECT ANSWER Failing to engage in risk management for your project can have which two of the following consequences?
a. You will not be able to use the appropriate tools
b. You will not be able to meet project timelines and goals
c. You will not be able to establish necessary vendor relationships
d. You will not be able to make necessary adjustments to the project plan
d - CORRECT ANSWER Choose the best definition for inherent risk as it relates to project management.
a. The measure of a risk, calculated by its difficulty and frequency
b. The measure of a risk, calculated by its causes and circumstances
c. The measure of a risk, calculated by its timing and dependencies
d. The measure of a risk, calculated by its probability and impact
a, b, c, d - CORRECT ANSWER Which four of the following should project managers identify before creating a communication plan?
a. Communication barriers
b. Communication methods
c. Project stakeholders
d. Communication goals
e. Anonymous survey questions
f. Project risks [Show Less]