DeVry PROJ 420 Week 3 Quiz Latest




DeVry PROJ 420 Week 3 Quiz Latest

(TCO 1) One of the excuses for not doing risk management is that it is just common sense. The answer to that is

proper application of risk management saves time and money.

it is never too late to do risk management.

risk management is an investment in the future.

risk management isn’t common sense to everyone.

risk management is common sense.

Question 2. Question :

(TCO 1) Risk management needs to be designed to

be done during the project design.

be done during the development of the project scope.

be done at times during the project.

be done during the project design and throughout the project.

None of the above

Question 3. Question :

(TCO 1) The basic types of risk are

known unknowns and unknown unknowns.

known and unknown.

uncertain and certain.

positive and negative.

unknown knowns and unknown unknowns.



Question 4. Question :

(TCO 2) What project document defines the project work?

Work Breakdown Structure (WBS)

Project Scope

Project Templates

Defined Roles

Risk Policies

Question 5. Question :

(TCO 2) An amber risk zone

requires an urgent response.

alerts the PM that the project is falling behind schedule.

requires active monitoring of the risk.

is for risks with low impact.

does not require any management.

Question 6. Question :

(TCO 2) The most important inputs for risk management planning include

Environmental factors, organizational process assets, scope statement, and project management plan.

Scope statement, WBS, and project management plan.

Environmental factors, roles, responsibilities, scope, and WBS.

None of the above

All of the above


Question 7. Question :

(TCO 3) Brainstorming should

not allow ideas that are too far out of the box.

discuss the ideas as they are presented.

restrict the ideas to the risk being discussed.

gather ideas first and then discuss them.

let the discussion flow where it wants to go.

Question 8. Question :

(TCO 3) Which of the following is useful in reviewing a project for risks?

Work breakdown structure

Scope statement


Impact of the project

All of the above

Question 9. Question :

(TCO 3) The WBS does not address

organizing the work.

the effort and duration of the work.



the cost of the work.


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DeVry PROJ 420 Week 3 Quiz Latest

Best DeVry PROJ 420 Week 3 Quiz Latest

DeVry PROJ 420 Week 3 Quiz Latest