5 Risk Planning and Responses Online Quiz Questions

A high probability-and-impact rating guarantees that a risk will occur.

What is the risk-management term for an observable condition indicating that a risk is becoming more likely or that a contingency should be activated?

A component from a single supplier is needed for integration, but its delivery date is unconfirmed. Which statement best describes this risk in cause–event–effect form?

A project team cross-trains a backup specialist to reduce the impact if the primary specialist is unavailable. Which threat response is the team using?

A team is setting up a risk register. Select all entries that would help it identify and manage individual risks.

Using the basic numeric screen, what score results when probability is rated $4$ and impact is rated $5$? Enter the numeric score.

Assigning a risk owner gives that person authority to change approved scope, schedule, or budget baselines without the project’s change-control process.

A project arranges for another party to take responsibility for part of a risk's exposure, while recognizing that the project may still face consequences. Which response is this?

During a regular review of priority risks, which checks help the team monitor and control them? Select all that apply.

A project faces several schedule uncertainties, and leaders want to understand their combined effect. What can schedule risk analysis help them do?

A reusable tool may become available before development, but its suitability is unverified. Describe how the team could test the tool and avoid depending on it before it is proven suitable.

A project team discovers that a required component has already arrived late. How should the team classify this event?

Which statement gives the most actionable description of a possible schedule risk?

A team is monitoring a risk that a supplier may deliver a component late. Which item would be the most useful trigger for deciding whether to activate a contingency?

A team assigns a risk owner to coordinate a response to a possible schedule delay. Which description best reflects that role?

True or false: A project team should revisit risk identification at milestones and when plans or conditions change, not only during initial planning.

Using the basic numeric screen, what score results when a risk has a probability rating of 4 and an impact rating of 5?

A team adds a backup specialist to reduce the impact if its primary specialist is unavailable. Which threat-response category describes this approach? Enter the category as one word.