PMT 0170 Risk Management Exam
Questions and Correct Verified Answers
Which of the following is a step of the Department of Defense (DoD) Risk Management
Process?
-Registration
-Sourcing
-Mitigation
-Tracking
Which of the following is a critical success factor to ensure effective risk management
(RM)?
-Researching best practices
-Assembling the most qualified personnel for the team
-Establishing priority risk categories
-Program Risk Process (PRP) Document
The following describes which type of category of risk: Certification for a new weapons
system is scheduled for January. To conduct a meaningful test, temperatures must be
below freezing. If the temperature is too warm, the test cannot be conducted.
-Technical
-Business
-Programmatic
Which of the following are the components of opportunity management (OM)?
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, Top Mark Questions and Correct Verified Answers
-Probability, cost, future root cause
-Likelihood, level, consequence
-Level, priority, benefit
-Future root cause, probability, benefit
Within a program, which of the following entities is responsible for ensuring the risk
management (RM) process is executed according to the Program Risk Process (PRP)
Document?
-Risk Owner
-Risk Working Group
-Risk Management Board (RMB)
-Program Executive Officer (PEO)
During the Materiel Solution Analysis (MSA) phase, it is important to assess risks to achieve
exit criteria for which review?
-Alternative System Review (ASR)
-System Functional Review (SFR)
-Preliminary Design Review (PDR)
-System Requirements Review (SRR)
Monte Carlo simulations use computational algorithms to simulate the behavior of various
systems in a nondeterministic manner. Why are these "nondeterministic" results important
to program schedule analysis?
-Because the results show the average length of the tasks needed to complete the program
for the PM to use when building the schedule
-Because the results show a clear path to project completion for the program manager (PM)
to follow
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