An organization has raised the risk appetite for technology risk. The MOST likely result would be:

• A.lower risk management cost
• B.decreased residual risk
• C.higher risk management cost
• D.increased inherent risk

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The MAIN reason for creating and maintaining a risk register is to:

• A.account for identified key risk factors.
• B.define the risk assessment methodology.
• C.assess effectiveness of different projects.
• D.ensure assets have low residual risk.

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During qualitative risk analysis you want to define the risk urgency assessment. All of the following are indicators of risk priority except for which one?

• A.Warning signs
• B.Symptoms
• C.Risk rating
• D.Cost of the project

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You are the project manager of a large construction project. This project will last for 18 months and will cost $750,000 to complete. You are working with your project team, experts, and stakeholders to identify risks within the project before the project work begins. Management wants to know why you have scheduled so many risk identification meetings throughout the project rather than just initially during the project planning. What is the best reason for the duplicate risk identification sessions?

• A.The iterative meetings allow all stakeholders to participate in the risk identification processes throughout the project phases.
• B.The iterative meetings allow the project manager to discuss the risk events which have passed the project and which did not happen.
• C.The iterative meetings allow the project manager and the risk identification participants to identify newly discovered risk events throughout the project.
• D.The iterative meetings allow the project manager to communicate pending risks events during project execution.
• E.Explanation:
  Risk identification is an iterative process because new risks may evolve or become known as the project progresses through its life cycle.

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Which of the following are parts of SWOT Analysis?
Each correct answer represents a complete solution. Choose all that apply.

• A.Weaknesses
• B.Tools
• C.Threats
• D.Opportunities
• E.Strengths

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