During a risk reassessment workshop with the project team and some external stakeholders, two key external stakeholders are overemphasizing the impact of a few project risks. This has led to a conflict.
How should the risk manager handle this situation?

• A.Request for a skilled facilitator to help resolve conflicts that have arise.
• B.Refer to the team's ground rules on how to resolve conflicts.
• C.Run a sensitivity analysis to check which risks have the most impact.
• D.Use the assumption analysis techniques to validate the assumptions.

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You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders - including management. You will need to update all of the following information except for which one?

• A.Trends in quantitative risk analysis
• B.Probability of achieving cost and time objectives
• C.Risk distributions within the project schedule
• D.Probabilistic analysis of the project

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Which of the following would a proactive risk manager do during the Monitoring and Controlling Process?

• A.Review lessons learned document to identify risks, quantity risks, and lower impact ratings.
• B.Update the lessons learned documents, develop risk responses, and create the risk management plan.
• C.Review identified risks, stay alert for risk events, and remind team members to keep the risk manager informed about risk triggers.
• D.Develop risk responses, create risk management plan, and stay alert for risk events.

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Jenny is the project manager of the NHJ Project for her company. She has identified several positive risk events within the project and she thinks these events can save the project time and money. You, a new team member wants to know that how many risk responses are available for a positive risk event. What will Jenny reply to you?

• A.Seven
• B.Three
• C.Four
• D.Acceptance is the only risk response for positive risk events.

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Which of the following are examples of relevant data gathering tools?

• A.Risk response plan and interviews
• B.Questionnaires and historical data
• C.Work breakdown structure an historical data
• D.Work breakdown structure and interviews

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