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NEW QUESTION 43
Mike is the project manager of the NNP Project for his organization. He is working with his project team to plan the risk responses for the NNP Project. Mike would like the project team to work together on establishing risk thresholds in the project. What is the purpose of a risk threshold?

A. It is a warning sign that a risk event is going to happen.B. It is a study of the organization's risk tolerance.C. It is a limit of the funds that can be assigned to risk events.D. It helps to identify those risks for which specific responses are needed.

Answer: D

 

NEW QUESTION 44
Consider a project with a budget at completion of $1,345,000 and it is supposed to be completed by today, but it is only 80 percent complete. This project has spent $1,250,000 to reach this point of completion. What is the schedule variance for this project?

A. 20 percentB. -$174,000C. -$269,000D. -$217,500

Answer: B

 

NEW QUESTION 45
You work as a project manager for SoftTech Inc. You are working with the project stakeholders to begin the qualitative risk analysis process. You will need all of the following as inputs to the qualitative risk analysis process except for which one?

A. Risk management planB. Project scope statementC. Risk registerD. Stakeholder register

Answer: D

 

NEW QUESTION 46
You are the project manager of the NGQQ Project for your company. To help you communicate project status to your stakeholders, you are going to create a stakeholder register. All of the following information should be included in the stakeholder register except for which one?

A. Stakeholder management strategyB. Identification information for each stakeholderC. Stakeholder classification of their role in the projectD. Assessment information of the stakeholders' major requirements, expectations, and potential influence

Answer: A

 

NEW QUESTION 47
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