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Amy is the project manager for her company. In her current project the organization has a very low tolerance for risk events that will affect the project schedule.

Management has asked Amy to consider the affect of all the risks on the project schedule. What approach can Amy take to create a bias against risks that will affect the schedule of the project?

A.
She can have the project team pad their time estimates to alleviate delays in the project schedule.
A.
She can have the project team pad their time estimates to alleviate delays in the project schedule.
Answers
B.
She can shift risk-laden activities that affect the project schedule from the critical path as much as possible.
B.
She can shift risk-laden activities that affect the project schedule from the critical path as much as possible.
Answers
C.
She can create an overall project rating scheme to reflect the bias towards risks that affect the project schedule.
C.
She can create an overall project rating scheme to reflect the bias towards risks that affect the project schedule.
Answers
D.
She can filter all risks based on their affect on schedule versus other project objectives.
D.
She can filter all risks based on their affect on schedule versus other project objectives.
Answers
Suggested answer: C

Joan is a project management consultant and she has been hired by a firm to help them identify risk events within the project. Joan would first like to examine the project documents including the plans, assumptions lists, project files, and contracts. What key thing will help Joan to discover risks within the review of the project documents?

A.
Lack of consistency between the plans and the project requirements and assumptions can be the indicators of risk in the project.
A.
Lack of consistency between the plans and the project requirements and assumptions can be the indicators of risk in the project.
Answers
B.
The project documents will help the project manager, or Joan, to identify what risk identification approach is best to pursue.
B.
The project documents will help the project manager, or Joan, to identify what risk identification approach is best to pursue.
Answers
C.
Plans that have loose definitions of terms and disconnected approaches will reveal risks.
C.
Plans that have loose definitions of terms and disconnected approaches will reveal risks.
Answers
D.
Poorly written requirements will reveal inconsistencies in the project plans and documents.
D.
Poorly written requirements will reveal inconsistencies in the project plans and documents.
Answers
Suggested answer: A

You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks that need to be analyzed. How often should you and the project team do risk identification?

A.
At least once per month
A.
At least once per month
Answers
B.
Several times until the project moves into execution
B.
Several times until the project moves into execution
Answers
C.
It depends on how many risks are initially identified.
C.
It depends on how many risks are initially identified.
Answers
D.
Identify risks is an iterative process.
D.
Identify risks is an iterative process.
Answers
Suggested answer: D

Which of the following documents were developed by NIST for conducting Certification & Accreditation (C&A)? Each correct answer represents a complete solution. Choose all that apply.

A.
NIST Special Publication 800-53A
A.
NIST Special Publication 800-53A
Answers
B.
NIST Special Publication 800-37A
B.
NIST Special Publication 800-37A
Answers
C.
NIST Special Publication 800-59
C.
NIST Special Publication 800-59
Answers
D.
NIST Special Publication 800-53
D.
NIST Special Publication 800-53
Answers
E.
NIST Special Publication 800-37
E.
NIST Special Publication 800-37
Answers
F.
NIST Special Publication 800-60
F.
NIST Special Publication 800-60
Answers
Suggested answer: A, C, D, E, F

John is the project manager of the NHQ Project for his company. His project has 75 stakeholders, some of which are external to the organization. John needs to make certain that he communicates about risk in the most appropriate method for the external stakeholders. Which project management plan will be the best guide for John to communicate to the external stakeholders?

A.
Communications Management Plan
A.
Communications Management Plan
Answers
B.
Risk Management Plan
B.
Risk Management Plan
Answers
C.
Project Management Plan
C.
Project Management Plan
Answers
D.
Risk Response Plan
D.
Risk Response Plan
Answers
Suggested answer: A

Which of the following individuals informs all C&A participants about life cycle actions, security requirements, and documented user needs?

A.
IS program manager
A.
IS program manager
Answers
B.
Certification Agent
B.
Certification Agent
Answers
C.
User representative
C.
User representative
Answers
D.
DAA
D.
DAA
Answers
Suggested answer: A

Your project has several risks that may cause serious financial impact should they happen. You have studied the risk events and made some potential risk responses for the risk events but management wants you to do more. They'd like for you to create some type of a chart that identified the risk probability and impact with a financial amount for each risk event. What is the likely outcome of creating this type of chart?

A.
Quantitative analysis
A.
Quantitative analysis
Answers
B.
Risk response plan
B.
Risk response plan
Answers
C.
Contingency reserve
C.
Contingency reserve
Answers
D.
Risk response
D.
Risk response
Answers
Suggested answer: C

Gary is the project manager for his project. He and the project team have completed the qualitative risk analysis process and are about to enter the quantitative risk analysis process when Mary, the project sponsor, wants to know what quantitative risk analysis will review. Which of the following statements best defines what quantitative risk analysis will review?

A.
The quantitative risk analysis process will analyze the effect of risk events that may substantially impact the project's competing demands.
A.
The quantitative risk analysis process will analyze the effect of risk events that may substantially impact the project's competing demands.
Answers
B.
The quantitative risk analysis reviews the results of risk identification and prepares the project for risk response management.
B.
The quantitative risk analysis reviews the results of risk identification and prepares the project for risk response management.
Answers
C.
The quantitative risk analysis process will review risk events for their probability and impact on the project objectives.
C.
The quantitative risk analysis process will review risk events for their probability and impact on the project objectives.
Answers
D.
The quantitative risk analysis seeks to determine the true cost of each identified risk event and the probability of each risk event to determine the risk exposure.
D.
The quantitative risk analysis seeks to determine the true cost of each identified risk event and the probability of each risk event to determine the risk exposure.
Answers
Suggested answer: A

You are the project manager of the NNH Project. In this project you have created a contingency response that the schedule performance index should be less than 0.93. The NHH Project has a budget at completion of $945,000 and is 45 percent complete though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project's schedule performance index?

A.
1.06
A.
1.06
Answers
B.
0.93
B.
0.93
Answers
C.
-$37,800
C.
-$37,800
Answers
D.
0.92
D.
0.92
Answers
Suggested answer: D

Which of the following techniques are used after a security breach and are intended to limit the extent of any damage caused by the incident?

A.
Safeguards
A.
Safeguards
Answers
B.
Preventive controls
B.
Preventive controls
Answers
C.
Detective controls
C.
Detective controls
Answers
D.
Corrective controls
D.
Corrective controls
Answers
Suggested answer: D
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