You find a close friend of yours as a bidder at a bidding conference. What is this activity called?Īlso Read: How Much Does PMP certification Cost? As a project manager, you are meeting with the team for a refresher on lessons from past projects. A program consists of several related projects. A program is made up of several unrelated projectsĪ7. A program is made up of several related projects.A program is a small part of a large project.Responsible, Accountable, Consulted, Inform Responsible, Accountable, Confirm, InformĪ6.Responsible, Accountant, Consulted, Inform.Responsible, Accountable, Consulted, Inform.Recommended, Accountable, Consulted, Inform.Perform Quantitative Risk Analysis to Identify Risks Perform Qualitative Risk Analysis and Monitor and Control RisksĪ5.Perform Quantitative Risk Analysis to Identify Risks.Identify Risks and Control and Monitor Risks.In which process for risk management can you identify risk? Action for correction based on situational causes Action for correction based on situational causes.Ī4.Extra resources with the contingency fund.Escalating approval for using contingency funding.What authorisation are you asking for in this change request? But as a project manager, you only now realise that merely 75% of the scope has been completed. The accepted project deadline is approaching. If the expected runtime of a project is five months, and there is a 20% chance of a risk occurring in one month, what is the chance that this risk will come in the fourth month of the project? The estimate giving the least range is the least risky.
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