Risk Management Week 1

  1. Who is involved in identifying risks?
    D) Everyone
  2. What is the purpose of risk management?
    D) To systematically manage things that can go right and wrong on a project
  3. What is the definition of a risk?
    A) An opportunity or threat that might affect the project
  4. Opinions or beliefs about the project that may or may not be accurate are called
    B) Assumptions.
  5. Affinity diagrams, nominal group technique, and brainstorming are all tools for
    D) Identifying risks
  6. Which of the following risk identification techniques continues until a consensus of expert opinion is reached?
    A) Delphi technique
  7. A secondary risk is a risk that:
    B) Is generated by a response to another risk.
  8. Contingency reserves can be used:
    C) To deal with specific risks as planned.
  9. A risk trigger is
    B) An indication that a specific risk has occurred or is about to occur.
  10. A risk review:
    A) Looks forward in time to ensure existing risk response plans are adeq
Card Set
Risk Management Week 1
Risk Management Week 1