TEST - CLM 017 RISK MANAGEMENT
EXAM
[Document subtitle]
[DATE]
[COMPANY NAME]
[Company address]
https://quizlet.com/470634766/test?answerTermSides=6&promptTermSides=6&questionCount=20&questionTypes=4&showImages=true 0/18
,Name: Score:
20 Multiple choice questions
Term 1 of 20
You are reporting on the status of key risks to date at a progress meeting. Which of the following tools
provides a visual display of the progress made to reduce key risks?
-Product Work Breakdown Structure (WBS) Risk Analysis
-Expert interviews
-Lessons learned
-Process Risk Analysis
-Risk information management system
-(NOT THIS ONE)Earned value analysis
-Waterfall effect
-Risk identification template
-External factors and requirements
-Management and security
-Logistics and external factors
-Human systems integration and security
-Schedule health assessment (SHA)
, Term
-Earned value management (EVM)
-Cost risk analysis (CRA)
-Work Breakdown Structure (WBS)
2 of 20
Which of the following is important for good government/contractor coordination of risk management (RM)?
-Aligning government and contractor risk management
-Managing team communications to mitigate risk
-Establishing priority risk categories
-(NOT THIS ONE) Clearly and completely outlining project requirements in the Request for Quotation
(RFQ)
-(I THINK THIS IS THE CORRECT ANSWER) An opportunity can only have a positive impact on a project;
a risk can only have a negative
-An opportunity is highly likely to occur; a risk's likelihood must be calculated.*
-An opportunity is usually realized through resource allocation; a risk is usually realized through
scheduling change
-An opportunity cannot be managed; a risk requires management through analysis and tracking
-Cost, schedule, and requirements tradeoffs
-Interdependencies with other programs
-Technological and engineering challenges
-New acquisition regulations
-(NOT THIS ONE)Weekly meetings to coordinate RM efforts.
-A shared RM database.
EXAM
[Document subtitle]
[DATE]
[COMPANY NAME]
[Company address]
https://quizlet.com/470634766/test?answerTermSides=6&promptTermSides=6&questionCount=20&questionTypes=4&showImages=true 0/18
,Name: Score:
20 Multiple choice questions
Term 1 of 20
You are reporting on the status of key risks to date at a progress meeting. Which of the following tools
provides a visual display of the progress made to reduce key risks?
-Product Work Breakdown Structure (WBS) Risk Analysis
-Expert interviews
-Lessons learned
-Process Risk Analysis
-Risk information management system
-(NOT THIS ONE)Earned value analysis
-Waterfall effect
-Risk identification template
-External factors and requirements
-Management and security
-Logistics and external factors
-Human systems integration and security
-Schedule health assessment (SHA)
, Term
-Earned value management (EVM)
-Cost risk analysis (CRA)
-Work Breakdown Structure (WBS)
2 of 20
Which of the following is important for good government/contractor coordination of risk management (RM)?
-Aligning government and contractor risk management
-Managing team communications to mitigate risk
-Establishing priority risk categories
-(NOT THIS ONE) Clearly and completely outlining project requirements in the Request for Quotation
(RFQ)
-(I THINK THIS IS THE CORRECT ANSWER) An opportunity can only have a positive impact on a project;
a risk can only have a negative
-An opportunity is highly likely to occur; a risk's likelihood must be calculated.*
-An opportunity is usually realized through resource allocation; a risk is usually realized through
scheduling change
-An opportunity cannot be managed; a risk requires management through analysis and tracking
-Cost, schedule, and requirements tradeoffs
-Interdependencies with other programs
-Technological and engineering challenges
-New acquisition regulations
-(NOT THIS ONE)Weekly meetings to coordinate RM efforts.
-A shared RM database.
