MGMT 404 Week 6 Quiz

1. Question: All of the following items are among the key areas covered by the Malcolm Baldrige National Quality Award EXCEPT: 2. Question: Process Analysis is a step-by-step breakdown of the phases of a process, used to determine the inputs, outputs, and operations that take place during each phase. 3. Question: The decision process for developing relevant quality standards on a project includes all of the following activities EXCEPT: 4. Question: Which of the following activities illustrates a risk response strategy designed to research a threat or an opportunity? 5. Question: Risk response strategies such as accept risk and research risk apply to both threats and opportunities. 6. Question: Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all. 7. Question: Four aspects of empowered performance are understanding variation, deciding what to measure, working correctly with data, and using the resulting information appropriately. 8. Question: The process of defining how to conduct risk management activities for a project is known as Project Risk Absorption Methodology (PRAM). 9. Question: Consider the excerpt of the Internet Project risk register presented in Figure 10-1. Which of the following risk events should receive the highest priority for the development of risk responses? 10. Question: All of the following items contribute to developing empowered performance in an organization EXCEPT: