● The (75) process analyzes the effect of risk events and assigns a numerical rating to those risks.A.Risk IdentificationB.Quantitative Risk AnalysisC.Qualitative Risk Analysis.Risk Monitoring and Control
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Screening of risk events for potential risk is known as _____ .A problem structuring.B risk identificationC risk quantificationD risk modelingE risk mitigation
Risk Event Status is defined as _____ .A Risk Probability x Amount At Stake.B the severity of the consequences.C how likely the event is to occur with risk.D (Cost + Benefit + Business Risk) / Insurable Risk.E B and C
Risk event probability is defined as:A the total number of possible events divided into the expectations or frequency of the risk eventB the number of times the risk event may occurC the fraction of the total project tasks which may be affected by the risk eventD the total number of possible events divided into the consequences of the risk event.E A and B
In Project Risk Management, Risk Response may include actions to:A reduce the probability of risk eventsB change the scope, budget, schedule or quality specifications of the projectC reduce the consequences or severity of impacts of a potential risk eventD A and CE All of the above.
Giving a part of project work to a contractor is an example of:A risk mitigationB risk assignmentC risk delegationD risk deflectionE risk assumption
196 Giving a part of project work to a contractor is an example of:A. risk mitigationB. risk assignmentC. risk delegationD. risk deflectionE. risk assumption
