Timedora
Free Practice Quiz Question List

3 Identifying and Recording Project Risks Online Quiz Questions

Use this free practice quiz with 20 questions to review 3 Identifying and Recording Project Risks, test your knowledge, and prepare for your next test or exam.

20 questions
01
Choose one
1 point

A project team is starting to identify risks. What should it establish first to focus the search on relevant uncertainties?

  1. A

    Establish clear project objectives and scope

  2. B

    Choose a risk owner for every possible event

  3. C

    Set assessment scales before identifying objectives

  4. D

    Copy the categories used by another project

02
True or false
1 point

True or false: A checklist of risks from comparable projects should be treated as a complete list of all risks for the current project.

  1. A

    True

  2. B

    False

03
Fill in the blank
1 point

A project relies on one supplier with a long lead time. The equipment may arrive late, pushing system testing past its planned date. In this example, the supplier dependency is the known .

04
Choose one
1 point

A project estimate assumes that a permitting decision will arrive before construction begins. Which technique most directly helps the team explore what could happen if that assumption proves false?

  1. A

    Brainstorming, by generating ideas before judging them

  2. B

    Document and assumption analysis, by examining assumptions and their consequences

  3. C

    A checklist, by treating its entries as a complete inventory

  4. D

    An interview, by assigning a risk owner to every entry

05
Choose all
1 point

A team wants varied, relevant perspectives while identifying project risks. Select all groups the material recommends involving.

  1. A

    Project team members

  2. B

    Relevant stakeholders

  3. C

    Subject-matter experts

  4. D

    Only people who have no knowledge of the project

06
Written response
1 point

What is the name of the shared record in which a project team keeps its identified risks?

07
True or false
1 point

True or false: An uncertain event that could benefit a project objective can be recorded as an opportunity risk.

  1. A

    True

  2. B

    False

08
Fill in the blank
1 point

A risk register is a working record, so the team should it as plans, assumptions, and project conditions change.

09
Choose one
1 point

A project team discovers that a required permit has already been denied. How should the team classify this event?

  1. A

    A risk, because it could affect an objective

  2. B

    An issue, because it has already happened

  3. C

    An opportunity, because it has a positive effect

  4. D

    A cause, because it is a known condition

10
Choose all
1 point

What benefits can a project team gain from using one agreed risk-register format? Select all that apply.

  1. A

    Compare entries

  2. B

    Assign responsibility

  3. C

    Update information consistently

  4. D

    Guarantee that every recorded risk will occur

11
Written response
1 point

What risk-register role is responsible for keeping an entry current and coordinating its management?

12
Open ended
1 point

Write one clear cause–event–effect risk statement for this situation: A project depends on one specialist, who is scheduled to perform final testing. If that specialist becomes unavailable, the testing schedule may be affected.

13
Choose one
1 point

During a risk-identification workshop, participants propose several uncertain events. Which sequence best follows the recommended approach?

  1. A

    Reject uncertain ideas immediately, then ask for replacements

  2. B

    Assign owners before participants suggest possible risks

  3. C

    Generate ideas without judging them, then clarify and validate candidates

  4. D

    Use the first prompt-list items as the complete set of risks

14
True or false
1 point

True or false: A risk ID should remain stable when the risk register is updated.

  1. A

    True

  2. B

    False

15
Written response
1 point

In a cause–event–effect risk statement, what is the known condition, source, or circumstance that creates uncertainty called?

16
Choose one
1 point

A supplier shipment has already arrived two weeks late, and testing is now delayed. How should the team classify the late shipment in its tracking process?

  1. A

    A threat

  2. B

    An issue

  3. C

    An opportunity

  4. D

    A risk cause

17
Written response
1 point

What is the name of the shared record used to document identified project risks?

18
Choose one
1 point

A team wants to identify uncertainties by examining its estimates and asking what could happen if a key planning assumption proves false. Which technique best fits this task?

  1. A

    Brainstorming, to generate ideas without judging them at first

  2. B

    Interviews, to ask people about uncertainties and warning signs

  3. C

    Document and assumption analysis, to examine plans and what-if assumptions

  4. D

    SWOT review, to consider strengths, weaknesses, opportunities, and threats

19
Choose one
1 point

A project depends on one supplier with a long lead time. If the equipment arrives late, system testing may finish after its planned date. Which part is the uncertain event?

  1. A

    The specialist equipment may be delivered late

  2. B

    The project depends on a single supplier with a long lead time

  3. C

    System testing may finish after its planned date

  4. D

    The project has a testing objective

20
Choose one
1 point

In a risk register, what is the primary responsibility of the person assigned as the risk owner?

  1. A

    The person who first reported the risk and must personally prevent it

  2. B

    The person responsible for keeping the entry current and coordinating its management

  3. C

    The person who approves all project objectives

  4. D

    The person assigned to set new assessment scales for each risk