Project Management Exam 7 - 80% - Part 1 of 2 80.0 100.0...

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  • BUSINESS A 460
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Part 1 of 2 - 80.0/ 100.0 Points Question 1 of 40 5.0/ 5.0 Points __________ involves developing an action plan to reduce the likelihood of occurrence or potential impact of each risk, establishing a trigger point for when to implement the actions to address each risk, and assigning responsibility to specific individuals for implementing each response plan. A. Risk assessment B. Risk management strategy C. Risk response planning D. Risk impact statement
Question 2 of 40 5.0/ 5.0 Points Some level of risk planning should be done during the __________ phase of the project life cycle to make sure that a contractor understands the risks involved with bidding on a proposed project. With knowledge of potential risks, the contractor can include contingency or management reserve amounts in the bid price.
Question 3 of 40 5.0/ 5.0 Points The fourth and final phase of the project life cycle is __________ the project.
Question 4 of 40 0.0/ 5.0 Points During the __________ the project phase, review and evaluate performance of the project and identify what can be done to improve performance on future projects.
B. controlling C. performing D. closing Question 5 of 40 5.0/ 5.0 Points Participants of a/an __________ should include the project manager, key project team members, and key representatives of the customer’s organization who were involved with the project. A. postproject evaluation meeting with the customer or sponsor B. project progress meeting with project stakeholders C. analysis session with the project team D. pre-RFP meeting with the customer
Question 6 of 40 5.0/ 5.0 Points During project closing, the project team or contractor should ensure that copies of appropriate project documentation are properly organized, filed, and archived so that:
Question 7 of 40 5.0/ 5.0 Points The process of closing the project involves various actions, including:

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