How should risks be handled in your status meetings? - AnswersThey should be a regular topic
at every status meeting.
Your stakeholders, will each tolerate risk _____ - Answersdifferently
How can you categorize risk? - Answersall of these answers
What is NOT a recommended approach for identifying risk on a project? - AnswersLimit
brainstorming sessions to yourself and 1-2 colleagues, avoiding stakeholders, sponsors, and
project managers.
What do you call the process that guides you how much you can spend to address a risk? -
AnswersQuantitative Analysis
What do ambiguity risks deal with? - Answersunknown factors about what will happen in the
future
What is true about mitigating a risk? - AnswersIt reduces the probability of the risk and the
impact of the risk.
What early warning signs indicate that a project risk is about to become a reality? - Answersrisk
triggers
What effect does an agile environment have on risks? - Answersrisks occur more rapidly
This process involve going to the location where your project will be implemented, and
brainstorm your risks there: - Answersthe immersion approach
Employee engagement impacts _____. - Answersall of these answers
Moving the needle even an inch in the right direction can have a huge impact on a number of
factors. - AnswersTRUE
What do employees seek from their employers? - Answersall of these answers
Moderately engaged employees are _____. - Answersemployees who do good work, but could
become fully engaged with guidance from a great leader
There is no direct correlation between employee engagement and profits. - AnswersFALSE
All of the following are sign that an engaged employee is no longer fully engaged, except: -
Answersthey start calling their child daily at 3:00 PM, to ensure they've gotten home safely from
school
, Employee engagement is something you do to people. - AnswersFALSE
In what areas do employees seek leadership from their managers? - Answersall of these
answers
How can you best build a magnetic culture for your team? - AnswersCreate a transparent
workplace.
There is no connection between employee engagement and purpose. - AnswersFALSE
How can you give employees more control at work? - Answersall of these answers
It's best to treat part-time workers like you would temporary workers. - AnswersFALSE
Capital costs are funds allocated for buying things to create future benefit in an organization
including _____ - Answersbuildings, machinery, and equipment.
You want to align your project budget with your sponsor's expectations because... - AnswersYou
can then help set or adjust your sponsor's expectations
Which of the following is a first step in understanding the costing standards? - AnswersResearch
your organization's internal accounting practices.
When building a cost forecast, you should first ensure you have all of the _______ captured in
your project schedule - Answerscost outlays
Which of the following estimates uses industry specific mathematical formulas to come up with
estimates for your project? - Answersparametric estimating
After each agile sprint, when features are reprioritized, added or subtracted from your scope,
you should make any necessary adjustments to your budget, including: - AnswersStaffing
changes, equipment requirements or other items necessary to produce each feature.
Which of the following should you not be concerned about in order to determine the budget
detail you need to track for you project? - Answersunderstand your company's internal sales
practices
Earned value analysis, allows us to understand how much a project has _______ based on the
tasks you have finished - Answersearned
Which of the folllowing is not an item that can cause unexpected cost overruns: -
Answersvariance because you are behind schedule
Which of the following is not a sound budget reporting habit? - Answersignoring cost of idle
resources