Sending information from one place to another is known as?
Answer :
Transmit
Who determines the size of management reserve?
Answer :
MGmt
In which format will you ask your client to submit change requests?
Answer :
Formal Written
Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?
Answer :
Acceptance
You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing communication with the key stakeholders in your project. In this process of stakeholder analysis, what type of a grid or model should you create based on these conditions?
Answer :
Power Interest Grid
Which is an example of active listening?
Answer :
Making eye contact
Your team member informs you that a particular piece of equipment may malfunction during the peak of its usage. You told him to do nothing, and you decide to manage it once the equipment fails. What kind of strategy is this?
Answer :
Accept
To get risks from a few important stakeholders, you approach them individually and ask questions. Which technique are you using here?
Answer :
Interview
Which statement is not true about the risk register?
Answer :
It should not include positive risks
In which risk response strategy do you go for the teaming agreement?
