In addition to monitoring and controlling the project risks for their status and information the risk monitoring and controlling process accomplishes four key things for a project. Which one of the following is NOT a determination that is made by the risk monitoring and controlling process?

• A.Determines if the project assumptions are still valid
• B.Determines if the risk management policies and procedures are being followed
• C.Determines if the project constraints are still valid
• D.Determines if the risk contingency reserves should be modified to be in alignment with the current risk assessment

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You are the project manager of the NHQ Project for your company. You are discussing some of the project issues that need to be resolved in the project. You and the project stakeholders come to an agreement about the risk issues and how they will be resolved. Where should you document this information for issue resolution?

• A.Risk response plan
• B.Issue log
• C.Lessons learned documentation
• D.Project management plan for execution

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There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to the perform quantitative risk analysis process?

• A.Risk management plan
• B.Enterprise environmental factors
• C.Risk register
• D.Cost management plan

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Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending. What is the purpose of reviewing the contingency reserve?

• A.It helps to evaluate secondary and residual risks related to the risk responses and their costs.
• B.It helps to determine the probability and impact of project risks.
• C.It helps to determine how much more funds will need to be invested in the project.
• D.It helps to evaluate if the remaining reserve is adequate for the risk exposure.

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You are the project manager for your company and a new change request has been approved for your project. This change request, however, has introduced several new risks to the project. You have communicated these risk events and the project stakeholders understand the possible effects these risks could have on your project. You elect to create a mitigation response for the identified risk events. Where will you record the mitigation response?

• A.Project management plan
• B.Risk register
• C.Risk management plan
• D.Risk log

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