This quiz titled '139 - Chapter 11-13' assesses knowledge on risk management within project settings, focusing on risk identification, analysis, and mitigation strategies. It is crucial for learners aiming to enhance their risk management skills in a professional context.
Risk utility
Risk tolerance
Risk management
Risk
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Planning procurement management
Conducting procurements
Controlling procurements
Selecting sellers
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In the early phases
In the middle phases
In the latter phases
None of the above; you cannot control stakeholder engagement
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Risk breakdown structure
Brainstorming
Interviewing
Delphi technique
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Avoidance
Acceptance
Transference
Mitigation
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Management plan
Register
Breakdown structure
Probability/impact matrix
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Probabilities
Impacts
Watch list items
Triggers
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Fixed-price
Cost plus incentive fee (CPIF)
Time and material
Cost plus fixed fee (CPFF)
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Reducing costs
Allowing the client organization to focus on its core business
Accessing skills and technologies
Providing flexibility
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Contigency
Fallback
Reserve
Mitigation
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-$30,000
$70,000
$67,000
-$67,000
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30
40
50
60
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Averse
Seeking
Neutral
Aware
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Project engagement management
Project consulting management
Project stakeholder engagement
Project stakeholder management
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Australia
UK
India
Japan
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E-procurement
E-bay
E-commerce
EMV
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RFP
RFQ
Proposal
Quote
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Planning risk management
Identifying risks
Performing qualitative risk analysis
Performing quantitative risk analysis
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Simulation
Sensitivity analysis
Monte Carlo analysis
EMV
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Breakeven point
Share Ratio Point
Point of Reconciliation
Point of Total Assumption
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A power/interest grid
An authority/concern grid
An authority/interest grid
A resistance/support grid
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Keep informed
Keep satisfied
Manage closely
Monitor
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An issue log
A risk register
An issue register
A resolution log
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Identification
Classification
Assessment
Engagement level
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Cost reduction
A shortage of qualified personnel
Decreasing time to market
Increasing revenues
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Social media tools can assist in stakeholder management.
Some project management software includes features like giving high fives
C. Texting is an example of a microblog that can keep stakeholders informed about project work.
A vodcast is a video podcast that can inform and engage stakeholders.
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A knowledge area matrix
A prioritization matrix
An expectations management matrix
A stakeholder management matrix
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RFP
NPV analysis
Earned value analysis
Weighted scoring model
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Preferred
Short
Qualified suppliers
BAFO
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