Which of the following techniques examines the degree to which organizational strengths offset threats and opportunities that may serve to overcome weaknesses?
You work as a project manager for BlueWell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decided, with your stakeholders’ approval, to fast track the project work to get the project done faster. When you fast track the project which of the following are likely to increase?
Quality control concerns
Human resource needs
Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?
Determination of the true cost of the risk event
Probability and Impact Matrix
Root cause analysis
Interviews or meetings
You are interviewing members of a project team to test their understanding of the assigned risk responses as risk owners. You and the project manager are working together to evaluate the risk responses to determine their effectiveness in the project. What project management technique are you performing with the project manager in this scenario?
Stakeholder analysis as the project team is a stakeholder
Risk identification with the project team
Thomas is the project manager of the NHJ Project for his company. He has identified several positive risk events within his project and he thinks these events can save the project time and money. Positive risk events, such as these within the NHJ Project are also known as what?
Ancillary constituent components
In addition to monitoring and controlling the project risks for their status and information the risk monitoring and controlling process accomplishes four key things for a project. Which one of the following is NOT a determination that is made by the risk monitoring and controlling process?
Determines if the project assumptions are still valid
Determines if the risk management policies and procedures are being followed
Determines if the risk contingency reserves should be modified to be in alignment with the current risk assessment
Determines if the project constraints are still valid