Project Risks

Project Risks >> Fundamentals of Project Planning and Management

*Please Do Not Click On The Options.

* If You Click Mistakenly Then Please Refresh The Page To Get The Right Answers.

1 point

Google and the expansion of the Google Fiber service into Latin America (a novel market)

Zara apparel developing 2016’s clothing collection

Tesla motors planning to develop a new battery technology in 2016

The Olympic games in Rio

1 point

Software

Construction

Precious metals

Mining

1 point

0.8

.800

On the x-axis we have the relative magnitude of the ‘impact,’ with higher numbers indicating a more severe outcome. On the y-axis we have the probability that a risk ‘may’ occur, ranging from just above 0% to just below 100%. Using Risk Score as a measure, prioritize risks A through E from MOST risky to LEAST risky.

1 point

A, B, C, D, E

B, C, A, D, E

C, B, A, D, E

D, C, E, B, A

Consider the project detailed in the table above. Assume every task begins as soon as possible, but lasts its MINIMUM duration. What is the duration of this project as a whole?

1 point

6 weeks

10 weeks

19 weeks

30 weeks

According to the Tornado Chart above, which task has the potential to cause the GREATEST IMPACT on the project’s OVERALL DURATION?

1 point

Fundraising

Sales

Sales and Fundraising

Creative and Finance

7. Figure 4: Cumulative Probability Curve for the duration of Project X

According to the cumulative probability curve above, what is the probability that this project will take AT LEAST 25 weeks to complete?

1 point

10%

35%

50%

90%

According to the cumulative probability curve above, what is the probability that this project will be completed within 55 weeks?

1 point

10%

35%

50%

90%

1 point

This task occurs before 85% of the other tasks on the critical path

This task is more critical than 15% of the other tasks in the project

This task has a 15% probability of being on the critical path of a project

The duration of that task is likely to be 15% of the overall duration of the project

1 point

The $5,000 should be allocated proportionally, with $312.50 for the first task, $1,562.50 for the second task, and $3,125.00 for the third task

The $5,000 should be allocated to the third task, since it is the highest estimated cost

The $5,000 should be allocated to the project as a whole

The $5,000 should be split evenly between the tasks, with $1,666.66 going to each task

Project Risks >> Fundamentals of Project Planning and Management

Related Questions & Answers:

Leave a Comment Cancel reply