试卷详情
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PMP资格认证考试-项目风险管理
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[单项选择]In your project,you have identified list of identified risks,list of potential responses and root causes of risks.You should document this information in the______.
A. risk management plan
B. risk database
C. project plan
D. risk register
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[单项选择]Responses to risk threats include all of the following except______.
A. avoidance
B. acceptance
C. mitigation
D. rejection
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[单项选择]As part of risk management process,you just created an overall risk ranking of the project,created list of prioritized risks,identified which risks need additional analysis and determined trends in risk analysis results.What should you do next
A. Analyze the effect of risk events and assign a numerical rating to those risk
B. Create a list of identified risk
C. Determine the fundamental conditions or events that may give rise to identified risk(root causes of ri
D. Note down the list of potential responses to the risk
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[单项选择]You are in the build phase of the project.But it has run into several unanticipated problems.Several risks have surfaced which you had not anticipated earlier.The project is over-budget and behind schedule.What should you do
A. Create updates to risk response pla
B. Create a revised project pla
C. Perform risk response audit
D. Perform updated risk identification and analysi
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[单项选择]You are an expert in risk management,having worked in the field for more than 15 years.Your project is behind schedule and in your project.you are in the process of identifying which risks may affect your project through the risk identification process.In a discussion with your project sponsor,you mention that after the risk identification phase is completed,you would like to directly perform quantitative risk analysis.Your project sponsor cautions you against doing this-he mentions that in a prior project,qualitative risk analysis was conducted after risk identification.In this context,you will______.
A. mention to your sponsor that since you are an expert in risk management, there is no need to do qualitative risk management and the team can directly go to quantitative risk management phasThis will also save time since your project is behind schedule
B. agree with your sponsor that not doing qualitative risk analysis may mean some risks will remain unidentified and increase the probability of failure in your project
C. mention to the sponsor that usually in your past experience,qualitative risk analysis was a waste of time and not recommended for this project
D. mention to the sponsor that this is a type of project where qualitative risk analysis is not requireSpecific categories of projects do not need qualitative risk analysis
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[单项选择]Risk management helps in maximizing the probability and consequences of positive events and minimizing the probability and consequences of adverse events to project objectives.Risk response planning helps in this context because it______.
A. helps in deciding how to approach and plan the risk management activities
B. develops procedures and techniques to enhance opportunities and reduce threats to project objectives
C. determines which risks might affect the project and documents their characteristics
D. monitors residual risks,identifies new risks and executes risk reduction plans
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[单项选择]You are building a water treatment facility.Routine tests reveal that there are contaminants in the water but that they have an extremely low risk for causing any sickness.As the project manager,you should______.
A. inform the public that a detailed examination has been ordered to determine the extent to which the problem exists
B. do nothing because there is extremely low risk for sickness except for some effects on small children and the elderly
C. tell the public there is no problem,except for small children and the elderly who need to boil the water before drinking
D. educate the public about the advances on water treatment technology and the industry efficiency and safety record
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[单项选择]Risk response development is intended to______.
A. create steps to identify project risks
B. formulate strategies for dealing with adverse events
C. construct a list of previous project risks
D. develop measurements to quantify project risks
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[单项选择]While implementing your project,a team member brings to your notice a risk that was not mentioned in the risk response plan.In this case,you should______.
A. accept the risk
B. perform additional risk response planning to control the risk
C. inform the project sponsor
D. use project contingency
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[单项选择]Risk identification outputs include the following except______.
A. decision trees
B. inputs to other processes
C. risk symptoms
D. potential risk events
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[单项选择]Utility function is a commonly used technique to find out the tolerance of a project manager towards risk.Some project managers are more averse towards risk than others.All the following are different classifications of tolerance for risk EXCEPT______.
A. risk averter
B. risk seeker
C. risk mitigator
D. risk neutral
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[单项选择]The probability of failure for a project element is often called exposure to risk,or risk exposure.This exposure may be mitigated by taking measure to avoid a particular approach or use of specific technologies.When the risk exposure cannot be reduced through selection of another alternative,the project manager should______.
A. conduct further studies and analysis until a more attractive alternative is found
B. disregard the exposure to risk because nothing can be done
C. not performs the activities with risk exposure and save the money which would have been spent on them
D. establish a contingency plan to overcome any adverse activitwhich may include a contingency allowance
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[单项选择]You had budgeted $200000 in your project as“contingency reserve”.Now,when you are 75% through project execution,you notice that the funds in your contingency reserve are down to $20000.To compare the amount of contingency reserves remaining in your project to the amount of risk remaining,you should conduct a______.
A. variance analysis
B. trend analysis
C. risk reassessment
D. reserve analysis
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[单项选择]An output of risk identification is______.
A. a risk register
B. expected monetary value of the risk events
C. corrective actions
D. the plan for mitigation
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[单项选择]A thorough review of______will help identify potential risks to the project.
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[单项选择]In your project,you just conducted a risk data quality analysis to evaluate the degree to which the data about risks is useful for risk management.What could be a potential next step
A. Perform a structured review of project plans and assumptions,both at the total project and detailed scope level
B. Develop checklists for identifying risks based on historical information and knowledge that has been accumulated from previous similar project
C. Conduct planning meetings to develop the risk management pla
D. Conduct interviews to quantify the probability and consequences of risks on project activitie
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[单项选择]An appropriate sequence for risk management activities is______.
A. identify risks,perform qualitative risk analysis,perform quantitative risk analysis,plan risk responses
B. identify risks,risk assessment。and risk planning
C. identify risks,risk mitigation,and risk management
D. identify risks,risk elimination,and risk mitigation
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[单项选择]You are in the process of developing options,and determining actions to enhance opportunities and reduce threats to the project's objectives.What should you be doing next
A. Determining which risks might affect the project and documenting their characteristic
B. Identifying,analyzing and planning for newly arising risk
C. Deciding how to approach and conduct risk management activities for the projec
D. Assessing the priority of identified risks using their probability of occurin
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[单项选择]In your project,there is:25% probability for $25000 profit.50% probability for $40000 profit,25% probability for $100000 profit.What is the expected profit in your project
A. $40000.
B. $50000.
C. $51250.
D. $53750.
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[单项选择]Managing risks and documenting them is very important in project planning process.You are in the process of defining key risks,including constraints and assumptions,and planned responses and contingencies(where appropriate).These details will be included in the______(choose the best answer).
A. project management plan
B. project baseline
C. risk response plan
D. risk baseline
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[单项选择]Workaround is______.
A. a response to a negative risk that has occurreA workaround is not planned in advance of the occurrence of the risk event
B. a contingency plan
C. implementation of the contingency plan for a positive risk event
D. using global sourcing to continue project development around the clock
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[单项选择]To be successful,the organization should be committed to addressing the management of risk______.
A. just before a meeting with a client
B. proactively and consistently throughout the project
C. as soon as time and cost estimates are ready
D. early in the execution phase
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[单项选择]You are the project manager of a project which would do oil-exploration in the ocean.Since you cannot plan for all eventualities,you establish a contingency reserve,including amounts of time,money or resources to handle known or unknown risks.This is an example of______.
A. risk avoidance
B. risk transfer
C. active risk acceptance
D. improper risk planning since all risks should be identified and accounted for
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[单项选择]Risk quantification includes______.
A. enumerating sources of internal and external events
B. identifying potential events and impact
C. evaluating probability and impact
D. developing contingency plans and resources
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[单项选择]The most crucial time for project risk assessment is______.
A. when a problem surfaces
B. during the planning phase
C. during the close-out phase
D. after the project schedule has been published
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[单项选择]A response to a risk that was not defined in advance of its occurrence is called a______.
A. risk mitigation response
B. workaround response
C. corrective action response
D. contingency response
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[单项选择]In your project,you have identifed important risks,and planned appropriate responses to the risks.Some risks e.g. possibility of natural disasters has been documented and accepted in your risk management plan.If there are risks that remain after you have taken these steps,then such risks are called______.
A. unidentifiable risks
B. residual risks
C. secondary risks
D. accepted risks
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[单项选择]The tools and techniques of quantitative risk analysis are______.
A. contracting,contingency planning,alternative strategies,and insurance
B. interviewing,historical results,workarounds,and additional response development
C. checklists,damage control reports,standard allowances, and inspection
D. data gathering and representation techniques,and quantitative risk analysis and modeling techniques
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[单项选择]The major processes of risk management are______.
A. planning,identification,documentation,and assessment
B. identification,planning,evaluation,response development,mitigation,and documentation
C. identification,response development,assessment,and documentation
D. planning,identification,qualitative analysis,quantitative analysis,response planning,and monitoring and control
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[单项选择]Of the following types of historical information that can be used in risk identification,which is the least reliable
A. Project file
B. Commercial database
C. Project team knowledg
D. Lessons learned database
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[单项选择]Charles is working on a project and finds that one of his primary vendors is raising their costs for a key component of the product being produced by his project.In order to cover these costs,he______.
A. will ask management for a budget increase to cover the difference
B. will assume management reserve will cover the difference because this increase was out of his control
C. will use the cost change control process to obtain approval to use part of the contingency allowance
D. will go over budget and ask for forgiveness at the end of the project Charles
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[单项选择]All the following are purposes of project risk management EXCEPT______.
A. identifying factors that are likely to affect the project scopquality,time and cost
B. developing response strategies for all identified risks
C. providing a baseline for project factors that cannot be controlled
D. mitigating impacts by influencing project factors that can be controlled
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[单项选择]You are the project manager in an automobile manufacturing company.Because of heavy rains,the machine parts required in your manufacturing process which a vendor was sending to you,could not reach you in time.You had anticipated this risk and planned for it in your risk response plan.So,as part of your risk response plan,you started using machine parts which had been supplied 1 year ago and were not utilized at that time.However,this has subjected your project to a new risk-that the machine parts which were not used for 1 year might be a having higher level of defects.This new risk can also be called______.
A. unidentifiable risk
B. unmanageable risk
C. secondary risk
D. residual risk
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[单项选择]In risk response planning,an acceptance strategy indicates that the project team has decided______.
A. to agree with the project manager
B. to eliminate a specific threat
C. not to change the project management plan to deal with a risk,or is unable to identify any other suitable response strategy
D. to purchase insurance
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[单项选择]In risk response planning,you are in the process of developing options,and determining actions to reduce threats to your project’s objectives.When you show the results of your risk response planning to your project sponsor,she is not comfortable with the risks in the project and she suggests that the project scope should be decreased.This is an example of______.
A. inappropriate risk management because it is having a direct impact on your project scope
B. risk avoidance
C. risk mitigation
D. risk transfer
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[单项选择]Outputs from risk response planning include all of the following EXCEPT______.
A. risk register updates
B. corrective actions
C. risk-related contractual agreements
D. project management plan updates
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[单项选择]In your project,you can use all the following tools and techniques for risk response planning EXCEPT______.
A. strategies for negative risks or threats
B. contingent response planning
C. strategy for threat and opportunities
D. strategy for residual risks
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[单项选择]Risk transference nearly always involves______.
A. eliminating risk through beta testing
B. policies and procedures for a response system
C. accepting a lower profit if some activities overrun
D. payment of a risk premium to the party taking on the risk
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[单项选择]An individual's willingness to take a risk can be determined by______.
A. decision tree modeling
B. monte Carlo method
C. sensitivity analysis
D. utility function
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[单项选择]All of the following are inputs to risk identification EXCEPT______.
A. risk management plan
B. project management plan
C. workaround plan
D. project scope statement
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[单项选择]You are beginning a new project that has been attempted,but unsuccessful,several times in the past few years.Previous projects were cancelled because of “politics”(differing views and direction by key stakeholders of the project).This is an example of______.
A. stakeholder analysis
B. project charter
C. historical information
D. risk identification
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[单项选择]The project budget has been finalized.Additional work has been discovered that was not planned for in the budget or project scope.Where could the found to cover the newly discovered work item
A. Contingency reserv
B. Project profi
C. Management reserv
D. Abandoning fun
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[单项选择]Which of the following is not a disadvantage of using statistical approaches to quantify risk
A. Input data may be inaccurate and incomplet
B. Managers sometimes rely on computer-produced results that are detailed and impressive but inaccurate,which makes decision making difficul
C. Risk experts can understand the complex statistical approaches but they are not good at communicate with they kno
D. When applying in quantitative risk analysis,statistical approaches are regard as too theoretica
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[单项选择]The term deflection has a number of meanings,but in terms of pure risk mitigations strategies,deflections are accomplished by______.
A. performing contingent plans
B. contracting to a sub-contractor
C. allowing the owner to perform the mitigation strategy since the contractor feels it was not called for in the contract
D. allowing the float in the schedule to take care of the risk
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[单项选择]when is the greatest difference between risks or opportunities and investment at stake
A. Conceptio
B. Developmen
C. Implementatio
D. Closur
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[单项选择]Developing alternative activity sequence is an example of______.
A. risk transfer
B. risk aversion
C. risk identification
D. contingency planning
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[单项选择]Project team A has been hired to manage a transportation project very similar to dozens at projects they’ve managed successfully in the past.The team had determined that the probability of achieving project objectives is 94%.The team has determined the size of contingency reserves that may be needed.These determinations are included in which process
A. Qualitative risk analysi
B. Plan risk response
C. Quantitative risk analysi
D. Risk identificatio
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[单项选择]When there is uncertainty associated with one or more aspects of the project.one of the first steps to take is to______.
A. revise project plan
B. conduct a risk benefit analysis
C. conduct a needs analysis
D. increase the estimated cost of the project
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[单项选择]In your project,there is:50% probability for $40000 profit,50% probability for $25000 loss.What is the expected profit in your project
A. $32500.
B. $25000.
C. $7500.
D. -$7500( loss of $7500).
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[单项选择]An example of risk mitigation is______.
A. using new technology in the development of a product
B. purchasing insurance
C. eliminating the cause of risk
D. accepting a lower profit if costs overrun