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Question No. 1
The probability and impact matrix is primarily used to:
A. Quantify risk issues for trends during a quality audit.
B. Develop a risk register for risk planning.
C. Evaluate each risk's importance and priority during Perform Qualitative Risk Analysis.
D. Define risk and compare impacts during Perform Quantitative Risk Analysis.
Answer: C
Question No. 2
Which of the following is an output of Close Procurements?
A. Accepted deliverables
B. Organizational process assets updates
C. Managing stakeholder expectations
D. Performance reports
Answer: B
Question No. 3
Which of the following is a tool and technique used to monitor risk?
A. Technical performance measurement
B. Cost performance baseline
C. Benchmarking
D. Cost of quality
Answer: A
Question No. 4
Which of the following is a statistical concept that calculates the average outcome when the future
includes scenarios that may or may not happen?
A. Sensitivity analysis
B. Three-point estimate
C. Modeling and simulation
D. Expected monetary value analysis
Answer: D
Question No. 5
A project manager has created an issue log to document issues communicated by project team
members during weekly team meetings. This is an input of:
A. Manage Stakeholder Expectations.
B. Monitor and Control Risks.
C. Plan Risk Management.
D. Report Performance.
Answer: A
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