Question 1

A risk manager on an infrastructure project gathers and analyzes performance data. The risk manager wants to identify which variables will impact the schedule and determine how these factors interact. Which data analysis tool should the risk manager use to forecast future performance?

Options :

A : Sensitivity analysis

B : What-if scenario analysis

C : Regression analysis

D : Decision tree analysis

Answer: C

Question 2

A risk manager for a cross-functional project is initiating the risk identification process. The risk manager conducted some meetings for stakeholders to express their concerns, but some stakeholders are complaining that their opinions were not considered. How should the risk manager address these concerns?

Options :

A : Refer to the requirements documentation to confirm stakeholder requirements as they relate to risks.

B : Refer to the project charter to find guidelines and stakeholder communication channels.

C : Review the stakeholder register and stakeholder engagement plan to communicate and solicit stakeholder input.

D : Rewrite the risk register to include the additional possible risks and inform the stakeholders.

Answer: C

Question 3

Three months into a program, multiple workstreams are showing issues. At this point, the program manager requires that a risk impact assessment be conducted. What will help calculate the impact?

Options :

A : Risk analysis

B : Risk identification

C : Risk treatment

D : Risk evaluation

Answer: A

Question 4

The project team has correctly identified, assessed, and planned responses for a project's risks. The risk manager is required to prepare a quarterly report on the performance of managing the risks. What are two options the risk manager should consult for the analysis? (Choose two.)

Options :

A : Proximity dales for open risks

B : Backlog of change orders to be submitted to client

C : Risks that have materialized and the overall risk profile

D : Number of schedule baseline changes approved

E : Risks due to the number of claims submitted to the client

Answer: A,C

Question 5

During a risk identification process in a construction project, the lack of space to install air conditioners is raised as a risk with high impact. Which is an example of an early risk trigger?

Options :

A : A potential need to share the space with other machinery

B : A different type of equipment received before installation

C : A time delay during air conditioning installation activities

D : A quality nonconformance issue raised during the inspection

Answer: A

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