Please Do not press "Submit" at the end of the exam until you
are sure of your responses, as your test will be graded immediately.
You can hover your mouse pointer over to see the question ID. Good luck!
B) Every fortnight
The frequency of iteration will vary based on the situation
D) Every week
A rating of 1.1 on the impact scale
A rating of 0.8 on the impact scale
C) A rating of 0 on the impact scale
A rating of 0.1 on the impact scale
A) Risk Acceptance
B) Risk Mitigation
C) Risk Avoidance
D) Risk Transfer
A) Reserves are included as part of earned value measurement calculations.
B) Reserves are not part of the project cost baseline.
C) The project manager needs to get approval before spending management reserve.
D) Reserves are usually included in the total budget of a project.
Input: Cost of each decision Output: Probability of occurrence
B) Input: Cost of each decision Output: Decision made
Input: Scenario probability Output: Expected Monetary Value (EMV)
D) Input: Cost of each decision Output: Payoff