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NEW QUESTION: 1
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under either the Records or Reporting headings?
A. Risks that are likely to occur within the next two weeks should be recorded as imminent.
B. Project Support will maintain the Risk Register.
C. The evaluated net effect of all risks will be updated at the end of each stage and included in the End Stage Report.
D. A summary of risks will be maintained and included with the monthly Highlight Reports to the Project Board.
E. The Change Authority will report monthly to the Project Manager on the status of the change budget.
Answer: C,E
NEW QUESTION: 2
Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. Which of the following highlights this difference?
A. Project and Programs risks are combined in order to develop the portfolio risk register as an aggregation of both
B. Project and Program risks are risks within the boundaries of the project or program, while portfolio risks can span the organizational level
C. Portfolio risks are inter-components risks, while program and project risks are not
D. Risks at project and programs level can be eliminated, but not at portfolio level
Answer: B
NEW QUESTION: 3
A. Option D
B. Option A
C. Option B
D. Option C
Answer: D
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