PMT 0170 RISK MANAGEMENT EXAM 3 2026
FINAL EXAM PREPARATION KEY CONCEPTS A+
◉ Which of the following are attributes of a framing assumption
(FA) in an acquisition program? (Select all that apply.) Answer: -*No
"work-arounds"*
-*Critical*
-*Foundational*
-*Program-specific*
◉ Who may write the Program Risk Process (PRP) Document?
Answer: -*The program manager (PM) or a dedicated risk manager*
-The Program Executive Officer (PEO) or the Risk Management
Board (RMB)
-The Risk Working Group or the Risk Management Board (RMB)
-The Program Executive Officer (PEO) or the Integrated Product
Team (IPT) management board
◉ The following describes which sources of potential risk: The
software programming team is supposed to begin work in two
months. The team has already been hired, but half of the team does
not yet have their security clearance, and will not be able to start
work on site until they do. Answer: -External factors and
requirements
-*Management and security*
, -Logistics and external factors
-Human systems integration and security
◉ Which of the following is a responsibility of the Integrated
Product Team (IPT) during the risk management (RM) process? (I
GOT THIS ANSWER WRONG) Answer: -Coordinate RM efforts for
risks affecting multiple IPTs.
-*Approve risk closure for IPT-level risks and notify the program
RMB for closure.*
-Ensure the development of and approve the Program Risk Process
(PRP) Document.
-Brief the risk mitigation plan to the program or IPT Risk
Management Board (RMB) for approval.
◉ Which of the following are the components of opportunity
management (OM)? Answer: -Likelihood, level, consequence
-Level, priority, benefit
-*Future root cause, probability, benefit*
-Probability, cost, future root cause
◉ During Engineering and Manufacturing Development (EMD), risks
should be identified related to critical manufacturing process and
key product characteristics in which of the following risk areas?
(Select all that apply.) Answer: -Cost/Funding
FINAL EXAM PREPARATION KEY CONCEPTS A+
◉ Which of the following are attributes of a framing assumption
(FA) in an acquisition program? (Select all that apply.) Answer: -*No
"work-arounds"*
-*Critical*
-*Foundational*
-*Program-specific*
◉ Who may write the Program Risk Process (PRP) Document?
Answer: -*The program manager (PM) or a dedicated risk manager*
-The Program Executive Officer (PEO) or the Risk Management
Board (RMB)
-The Risk Working Group or the Risk Management Board (RMB)
-The Program Executive Officer (PEO) or the Integrated Product
Team (IPT) management board
◉ The following describes which sources of potential risk: The
software programming team is supposed to begin work in two
months. The team has already been hired, but half of the team does
not yet have their security clearance, and will not be able to start
work on site until they do. Answer: -External factors and
requirements
-*Management and security*
, -Logistics and external factors
-Human systems integration and security
◉ Which of the following is a responsibility of the Integrated
Product Team (IPT) during the risk management (RM) process? (I
GOT THIS ANSWER WRONG) Answer: -Coordinate RM efforts for
risks affecting multiple IPTs.
-*Approve risk closure for IPT-level risks and notify the program
RMB for closure.*
-Ensure the development of and approve the Program Risk Process
(PRP) Document.
-Brief the risk mitigation plan to the program or IPT Risk
Management Board (RMB) for approval.
◉ Which of the following are the components of opportunity
management (OM)? Answer: -Likelihood, level, consequence
-Level, priority, benefit
-*Future root cause, probability, benefit*
-Probability, cost, future root cause
◉ During Engineering and Manufacturing Development (EMD), risks
should be identified related to critical manufacturing process and
key product characteristics in which of the following risk areas?
(Select all that apply.) Answer: -Cost/Funding
