Podcast
Questions and Answers
What is the initial step in the Project Risk Management process?
What is the initial step in the Project Risk Management process?
- Implement Risk Responses
- Identify Risks (correct)
- Plan Risk Management
- Perform Qualitative Risk Analysis
What is the purpose of Perform Quantitative Risk Analysis?
What is the purpose of Perform Quantitative Risk Analysis?
- To calculate the probability and impact of risks (correct)
- To implement risk responses
- To analyze risks qualitatively
- To identify risks
What comes after Perform Qualitative Risk Analysis in the PRM process?
What comes after Perform Qualitative Risk Analysis in the PRM process?
- Identify Risks
- Plan Risk Management
- Implement Risk Responses
- Perform Quantitative Risk Analysis (correct)
What is the last step in the PRM process?
What is the last step in the PRM process?
What does PRM stand for?
What does PRM stand for?
What is the purpose of Identify Risks?
What is the purpose of Identify Risks?
What comes before Plan Risk Responses in the PRM process?
What comes before Plan Risk Responses in the PRM process?
What is the purpose of Plan Risk Management?
What is the purpose of Plan Risk Management?
What is the purpose of Case Studies?
What is the purpose of Case Studies?
What is the annual payment for the Iron Mine?
What is the annual payment for the Iron Mine?
What is the probability of Scenario 1 in the Coal Mine case?
What is the probability of Scenario 1 in the Coal Mine case?
What is the income of the Coal Mine under Strong Demand?
What is the income of the Coal Mine under Strong Demand?
What is the purpose of Monitor Risks in the PRM process?
What is the purpose of Monitor Risks in the PRM process?
What is the probability of Scenario 3 in the Coal Mine case?
What is the probability of Scenario 3 in the Coal Mine case?
What is the income of the Iron Mine under Weak Demand?
What is the income of the Iron Mine under Weak Demand?
What is the purpose of Perform Qualitative Risk Analysis?
What is the purpose of Perform Qualitative Risk Analysis?
What is the annual payment for the Coal Mine?
What is the annual payment for the Coal Mine?
What is the income of the Iron Mine under Medium Demand?
What is the income of the Iron Mine under Medium Demand?
