Mary is the project manager of PKT project. In Mary's project there are certain enterprise environmental factors that require Mary to use modeling and simulation techniques to predict the likelihood of achieving cost and schedule objectives in the project. Mary is using a technique for which the cost estimates are chosen at random for each iteration of the analysis, such as pessimistic, most likely, and worst-case scenarios. What type of analysis is Mary using in this project?

Correct Answer:D

You work as a project manager for BlueWell Inc. Your project is running late and you must respond to the risk. Which risk response can you choose that will also cause you to update the human resource management plan?

Correct Answer:C

John works as a project manager for ABD project. He and his team, are working on the following activities:
Relative ranking or priority list of project risks Watchlists of low priority risk
Trends in Qualitative Risk Analysis results
On which of the following processes is John working on?

Correct Answer:A

Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

Correct Answer:D

Which of the following diagrams displays sensitivity analysis data?

Correct Answer:C

You are the project manager of a large, high-profile project in your organization. You have
realized that politics within your company may affect the true identification of risk events within the project. You decide that you'd like to use a method to identify risk events through an anonymous process. Which one of the following risk events will allow you to collect and distribute risk information without the stakeholders knowing what other stakeholders are communicating about the project risk events?

Correct Answer:D