Top Mark Questions and Correct Verified Answers
PMT 0170 Risk Management Questions
and Correct Verified Answers
Why are Monte Carlo simulations used in program schedule analysis? 10.2
✓ To find the cumulative effect of multiple risks on total project schedule duration
or total project cost
A shortage of steel has caused a delay in one of the tasks until the material is available.
The original plan estimated the material to be available in 6 weeks, but the shortage
continues. What would be an appropriate step in tracking and managing this issue? 15.3
✓ Adjust the corrective action plan and issue level as warranted.
Since risks should be closely tied to individual tasks and deliverables, which of the
following should be used as a cross-reference to each risk? 31.1
✓ Work Breakdown Structure (WBS) number
The following describes which type of category of risk: Two legacy software systems
must be combined into one system in order to operate a new piece of hardware.
Programmers must find a way to ensure that old data records in each system are still
editable. If not, the hardware will not operate correctly. 7.2
✓ Technical
Top Mark !!!
, Top Mark Questions and Correct Verified Answers
Which of the following is important for good government/contractor coordination of
risk management (RM)? (Select two that apply.) 6.3
✓ Not:
✓ Common approaches to addressing risk.
✓ All personnel committing to plan and execute a successful risk management
(RM) program
Which of the following is a critical success factor to ensure effective risk management
(RM)? 4.1
✓ Program Risk Process (PRP) Document
Which stage of the issue management (IM) process is characterized by the following
scenario: It has been observed that the battery used in the new portable Doppler-based
wind measuring system doesn't maintain a charge for long periods of time. After some
study, it is determined that the issue has only a moderate effect on the program's
success. 15.1
✓ Not: Issue identification
Which of the following is a step of the Department of Defense (DoD) Risk Management
Process? 3.1
✓ Mitigation
Top Mark !!!
PMT 0170 Risk Management Questions
and Correct Verified Answers
Why are Monte Carlo simulations used in program schedule analysis? 10.2
✓ To find the cumulative effect of multiple risks on total project schedule duration
or total project cost
A shortage of steel has caused a delay in one of the tasks until the material is available.
The original plan estimated the material to be available in 6 weeks, but the shortage
continues. What would be an appropriate step in tracking and managing this issue? 15.3
✓ Adjust the corrective action plan and issue level as warranted.
Since risks should be closely tied to individual tasks and deliverables, which of the
following should be used as a cross-reference to each risk? 31.1
✓ Work Breakdown Structure (WBS) number
The following describes which type of category of risk: Two legacy software systems
must be combined into one system in order to operate a new piece of hardware.
Programmers must find a way to ensure that old data records in each system are still
editable. If not, the hardware will not operate correctly. 7.2
✓ Technical
Top Mark !!!
, Top Mark Questions and Correct Verified Answers
Which of the following is important for good government/contractor coordination of
risk management (RM)? (Select two that apply.) 6.3
✓ Not:
✓ Common approaches to addressing risk.
✓ All personnel committing to plan and execute a successful risk management
(RM) program
Which of the following is a critical success factor to ensure effective risk management
(RM)? 4.1
✓ Program Risk Process (PRP) Document
Which stage of the issue management (IM) process is characterized by the following
scenario: It has been observed that the battery used in the new portable Doppler-based
wind measuring system doesn't maintain a charge for long periods of time. After some
study, it is determined that the issue has only a moderate effect on the program's
success. 15.1
✓ Not: Issue identification
Which of the following is a step of the Department of Defense (DoD) Risk Management
Process? 3.1
✓ Mitigation
Top Mark !!!
