1. You work as a project manager for TechSoft Inc. You are working with the project stakeholders on the qualitative risk analysis process in your project. You have used all the tools to the qualitative risk analysis process in your project. Which of the following techniques is NOT used as a tool in qualitative risk analysis process?

A) Risk Data Quality Assessment
B) Risk Categorization
C) Risk Reassessment
D) Risk Urgency Assessment



2. Paul has been asked to complete SWOT analysis for his solution scope. What doesSWOT analysis mean?

A) Stakeholder Weaknesses, Organizational Threats
B) Strengths, Weaknesses, Opportunities, Threats
C) Strengths, Weaknesses, Opportunities, Time
D) Stakeholders Weaknesses, Organization, Threats



3. You work as a project manager for BlueWell Inc. You are about to complete the quantitative risk analysis process for your project. You can use three available tools and techniques to complete this process. Which one of the following is NOT a tool or technique that is appropriate for the quantitative risk analysis process?

A) Quantitative risk analysis and modeling techniques
B) Organizational process assets
C) Expert judgment
D) Data gathering and representation techniques



4. You work as a project manager for BlueWell Inc. Your project is using a new material to construct a large warehouse in your city. This new material is cheaper than traditional building materials, but it takes some time to learn how to use the material properly. You have communicated to the project stakeholders that you will be able to save costs by using the new material, but you will need a few extra weeks to complete training to use the materials. This risk response of learning how to use the new materials can also be known as what term?

A) Cost-benefits analysis
B) Benchmarking
C) Cost of conformance to quality
D) Team development



5. Which of the following processes involves choosing the alternative strategies, executing a contingency or fallback plan, taking corrective action, and modifying the project management plan?

A) Scope Change control
B) Monitor and Control risk
C) Integrated Change control
D) Configuration Management