Question 1

Some project risks are applicable for the project's lifecycle while others risks are only applicable to specific project activities. When should project risks be closed?

Options :

A : When the forecast activity date has been met or exceeded

B : When the stakeholders agree a risk is no longer applicable

C : When the risk has been realized and can no longer happen again

D : When iterative data analysis determines the risk is not applicable

Answer: B

Question 2

A risk manager is preparing risk reports to be included in the monthly status report for project executives. How should the risk manager present the information?

Options :

A : Earned value management (EVM) variance metrics

B : A risk burndown chart showing remaining risks

C : The format established in the risk management plan

D : An itemized list of remaining risks and their scores

Answer: D

Question 3

it typically takes 5 hours to perform a complete home inspection. If there are unforeseen risk factors, it can take up to 7 hours to finish the inspection. The earliest the project team has ever finished an inspection is in 3 hours. Using the project evaluation and review technique (PERT) to estimate duration how many hours should the project manager plan to schedule the task taking into account all the positive and negative risk factors?

Options :

A : 4 hours

B : 5 hours

C : 6 hours

D : 12 hours

Answer: B

Question 4

A Scrum team has recently lost its product owner to another team. A new product owner has been hired for the Scrum team. This product owner is currently new to the project, unfamiliar with the team's practices, and does not have a full grasp of the product users. After a few sprints, the product owner is receiving constructive feedback from both internal and external stakeholders related to the direction of the product and its current challenges. What can the product owner do to improve the product's perception among stakeholders and ensure the team understands the product vision? (Choose 2)

Options :

A : Re-assess the product goal, place it on the product backlog, and explain it to the team.

B : Invite more stakeholders to the daily scrum meetings to voice their opinion of the product.

C : Create sprint goals and communicate them at the sprint planning event.

D : Invite product teams to more frequent reviews to observe the team's work and encourage feedback.

E : Invite stakeholders to the sprint retrospective to brainstorm with the team improvements.

Answer: A,C

Question 5

A risk manager monitors risks on a medium-sized project by collecting inputs and data from individual project team members. What output is produced by the risk manager after analyzing the information they receive?

Options :

A : Updated probability and impact matrix

B : Updated risk register

C : Updated mitigation plans

D : Updated project schedule

Answer: B

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