高品质文库网

Project Management, 2e - AnvariNet
收录时间:2022-11-25 22:55:59  浏览:0
Project Management/ 2e (Pinto)Chapter 7 Risk Management7/1 True/False1) The risk is highest in the earliest phase of the project life cycle/Answer/ TRUEDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective2) As risk decreases in the project life cycle/ opportunity increases/Answer/ FALSEDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective3) Risks can be quantified by multiplying the likelihood a failure will occur by the severity of the failure/Answer/ TRUEDiff/ 2Section/ 7/0 IntroductionSkill/ AnalyticalAACSB Tag/ Analytic Skills4) Technical risk is the probability that the project will not perform to the required standards or produce substandard products or have excessive operating cost consumption/Answer/ TRUEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective5) The probability that the investments made to fund the front-end activities will be lost due to project abandonment is financing risk/Answer/ FALSEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective6) One approach to risk mitigation is simply to accept it/Answer/ TRUEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective7) Risk cannot be transferred because ultimately your own project will suffer the consequences if the event occurs/Answer/ FALSEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective8) Contingency reserves require a construction company to hold back some funds in an account just in case something happens that increases the overall project cost/Answer/ TRUEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective9) The highest dollar value of reserves is typically task contingency/Answer/ FALSEDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective10) The PRAM model for risk management proposes that risk management follow a life cycle much as projects follow a life cycle/Answer/ FALSEDiff/ 2Section/ 7/2 Project Risk Management/ An Integrated ApproachSkill/ FactualAACSB Tag/ Reflective7/2 Fill in the Blank1) _ is defined as the art and science of identifying/ analyzing/ and responding to risk factors throughout the life of a project and in the best interests of its objectives/Answer/ Risk managementDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective2) Risk is a function of the probability of an adverse event occurring and its _/Answer/ consequencesDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective3) The first step in the risk management process is _/Answer/ (risk) identificationDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective4) An agreement between two firms that has provisions for fixed costs or liquidated damages contains an element of _Answer/ contractual or legal riskDiff/ 3Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective5) One technique that can be used to identify risk factors associated with a project is _/Answer/ brainstorming or expert opinion or past history or multiple assessmentsDiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective6) There is always a chance that different entities that should work together to complete a project wont be able to do so/ This likelihood is called _/Answer/ integration riskDiff/ 2Section/ 7/2 Project Risk Management/ An Integrated ApproachSkill/ FactualAACSB Tag/ Reflective7) A risk impact matrix displays an events _ and _/Answer/ likelihood/ consequenceDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective8) A rule of thumb for project risk score calculations is that a risk score of _ is considered high risk/Answer/ 0/70 or higherDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Analytic Skills9) A common method of transferring the risk of a cost overrun is to establish a(n) _/Answer/ fixed-price contractDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective10) A(n) _ process as part of risk mitigation strategies requires a useful documentation system that all partners in the project can access/Answer/ change managementDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective7/3 Multiple Choice1) The difference between projects that fail and those that are ultimately successful has to do with/A) the plans that have been made to deal with problems as they arise/B) the fact that a successful project doesnt encounter problems/C) whether the project is for an internal or external customer/D) whether the problem is time- or budget-related/Answer/ ADiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective2) Project risk is highest during the/A) termination stage of the project life cycle/B) concept stage of the project life cycle/C) implementation stage of the project life cycle/D) development stage of the project life cycle/Answer/ BDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective3) Project risk is lowest during the/A) concept stage of the project life cycle/B) implementation stage of the project life cycle/C) termination stage of the project life cycle/D) development stage of the project life cycle/Answer/ CDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective4) The period of highest risk impact for a project risk exists primarily in the/A) development stage of the project life cycle/B) concept stage of the project life cycle/C) implementation stage of the project life cycle/D) termination stage of the project life cycle/Answer/ DDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective5) The greatest project risk occurs when/A) the probability of the event is high and the consequences of the event are high/B) the probability of the event is high and the consequences of the event are low/C) the probability of the event is low and the consequences of the event are high/D) the probability of the event is low and the consequences of the event are low/Answer/ ADiff/ 1Section/ 7/0 IntroductionSkill/ AnalyticalAACSB Tag/ Analytic Skills6) The greatest project opportunity occurs when/A) the project is in the concept phase/B) the project is in the development phase/C) the project is in the implementation phase/D) the project is in the termination phase/Answer/ ADiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective7) The amount a company has at stake in a project rises above the dollar value of opportunity in the/A) implementation phase/B) development phase/C) concept phase/D) termination phase/Answer/ DDiff/ 2Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective8) Risk and opportunity/A) both increase throughout the project life cycle/B) vary inversely throughout the project life cycle/C) both decrease throughout the project life cycle/D) do not vary throughout the project life cycle/Answer/ CDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective9) To protect his poultry from meteorites/ the gentleman farmer made hard hats for each bird and installed a meteor detection system that opened umbrellas throughout the yard if a meteor were detected/ The safety of his flock thus assured/ the farmer was surprised when he read his latest issue of Risk Management Magazine and discovered that this event was/A) high in consequence and high in probability/B) low in consequence and low in probability/C) low in probability and high in consequence/D) high in probability and low in consequence/Answer/ CDiff/ 2Section/ 7/0 IntroductionSkill/ AnalyticalAACSB Tag/ Reflective10) Jim knew instinctively that his professor wouldnt appreciate it if he brought his single scoop of vanilla ice cream into the lecture hall with him/ He could almost hear the inevitable question/ Did you bring enough for everyone? To avert such an embarrassment/ he practically inhaled his frozen confection as he raced down the hall/ He had eaten ice cream in this fashion before and knew he would soon have an ice cream headache/ which could be described as/A) high in consequence and high in probability/B) low in consequence and low in probability/C) low in probability and high in consequence/D) high in probability and low in consequence/Answer/ DDiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective11) While thrilling/ there is a chance that you would have an accident if you elected to drive on the Autobahn while blindfolded/ an outcome that could be described as/A) high in consequence and high in probability/B) low in consequence and low in probability/C) low in probability and high in consequence/D) high in probability and low in consequence/Answer/ ADiff/ 1Section/ 7/0 IntroductionSkill/ FactualAACSB Tag/ Reflective12) Risk management is a/A) three-stage process/B) four-stage process/C) five-stage process/D) six-stage process/Answer/ BDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective13) The construction foreman posted a large sign requiring all work site visitors to don a hard hat and safety glasses/ He also purchased copious quantities of both items and made them readily available at the entrance/ The foreman is engaged in/A) risk identification/B) risk mitigation/C) analysis of probability and consequences/D) control and documentation/Answer/ BDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective14) The residents of Enumclaw/ Washington/ live in the shadow of majestic Mount Rainier and its 26 glaciers/ The Cascades form a ring of fire around the Pacific Northwest and erupt with surprising regularity/ although Mount Rainier hasnt erupted on a major scale since about a thousand years ago/ When it does erupt/ the pyroclastic flow (a massive cloud of superheated ash and rock up to 1500 degrees Fahrenheit that can travel at speeds up to 300 miles per hour) will make Enumclaw a less pleasant place to live/ City leaders have completed the/A) control and documentation phase of risk management/B) risk identification phase of risk management/C) analysis of probability and consequences phase of risk management/D) risk mitigation strategies phase of risk management/Answer/ CDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective15) The mouse executive board meeting was drawing to a conclusion/ the only way they would be able to detect the presence of the cat was to tie a bell around its tail/ Under their risk management identification scheme/ this would fall under/A) commercial risk/B) execution risk/C) financial risk/D) technical risk/Answer/ DDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective16) A method for conducting risk factor identification that consolidates the judgments of isolated anonymous respondents is/A) a brainstorming meeting/B) the Delphi method/C) past history/D) multiple assessments/Answer/ BDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective17) A method for conducting risk factor identification that generates ideas but doesnt focus on decision-making is/A) a brainstorming meeting/B) the Delphi method/C) past history/D) multiple assessments/Answer/ ADiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective18) One source of information on future risks and the leading indicators that accompany risks is/A) a brainstorming meeting/B) the Delphi method/C) past history/D) multiple assessments/Answer/ CDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ FactualAACSB Tag/ Reflective19) The terpsichorean was familiar with the risks associated with various moves/ the accountant knew financial risks forwards and backwards/ while the civil engineer could quantify the risks associated with distributed loads on the temporary stage/ Their input was used as part of/A) a brainstorming meeting approach to risk factor identification/B) the Delphi method approach to risk factor identification/C) a past history approach to risk factor identification/D) a multiple assessments approach to risk factor identification/Answer/ DDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective20) The probability that project revenues will not be sufficient to repay the debts is/A) financial riskB) cost estimate risk/C) market risk/D) promotion risk/Answer/ ADiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective21) The probability that funds allocated to the project will be insufficient to complete it is/A) technical risk/B) cost estimate risk/C) financing risk/D) operating risk/Answer/ BDiff/ 3Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective22) The probability that investments made to fund the front-end activities will be lost due to project abandonment is/A) promotion risk/B) political risk/C) organizational risk/D) financial risk/Answer/ ADiff/ 3Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective23) There is always a chance that the music loving public cannot be convinced of the need to return to the 8-track format for new releases/ The probability that we dont sell one million units before the holiday season is/A) promotion risk/B) market risk/C) organizational risk/D) financial risk/Answer/ BDiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective24) Based on the projected selling price of $20 per unit/ the manufacturer invested a substantial portion of its available cash in a machine that could produce twenty-thousand gumballs in an hour/ If consumers werent willing to pay this much for gum/ then the manufacturer faced significant/A) financial risk/B) promotion risk/C) cost estimate risk/D) market risk/Answer/ DDiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective25) The probability that legal and managerial structures put together to develop and operate the project will not perform well is/A) operating risk/B) political risk/C) organizational risk/D) integration risk/Answer/ CDiff/ 3Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective26) The probability that a project to establish infrastructure in a third-world country teetering on the brink of civil war is fraught with/A) political risk/B) operating risk/C) organizational risk/D) integration risk/Answer/ ADiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective27) The marketing team would develop the advertising campaign to promote the newest product but the engineers wanted to keep all product details a secret during development/ The service and operations branches of the company were also in the dark/ so product rollout was going to be their initiation also/ This project has a very high/A) political risk/B) integration risk/C) organizational risk/D) integration risk/Answer/ BDiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective28) The house had almost been framed when an F-5 tornado ripped across the plains and turned the house back into a lumber pile/ not stacked as neatly as it was originally/ The homeowners fears of/A) technical risks had come true/B) operating risks had come true/C) acts of God had come true/D) environmental risks had come true/Answer/ CDiff/ 1Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ ConceptualAACSB Tag/ Reflective29) The probability that a project will overrun its allocated duration is/A) volume market risk/B) price market risk/C) integration risk/D) schedule risk/Answer/ DDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ DefinitionAACSB Tag/ Reflective30) A serious risk factor probably has/A) a high consequence and a medium likelihood/B) a high consequence and a low likelihood/C) a medium consequence and a low likelihood/D) a low consequence and a medium likelihood/Answer/ ADiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ AnalyticalAACSB Tag/ Reflective31) A project team assesses their primary risk factors probability of failure with a maturity risk of 0/2/ a complexity risk of 0/6/ and a dependency risk of 0/9/ The probability of failure is/A) less than or equal to 0/3/B) greater than 0/3 but less than or equal to 0/6/C) greater than 0/6 but less than or equal to 0/9/D) greater than 0/9/Answer/ BDiff/ 2Section/ 7/1 Risk Management/ A Four-Stage ProcessSkill/ AnalyticalAACSB Tag/ Analytic S
温馨提示:
1. 高品质文库网仅展示《Project Management, 2e - AnvariNet》的部分公开内容,版权归原著者或相关公司所有。
2. 文档内容来源于互联网免费公开的渠道,若文档所含内容侵犯了您的版权或隐私,请通知我们立即删除。
3. 当前页面地址:https://www.gpinxiao.vip/doc/8ee9066c2ff5ffea.html 复制内容请保留相关链接。