PJM 6015 Final Exam
Due No due date Points 140 Questions 35 Time Limit 60 Minutes
Instructions
Final Exam Parameters
Logistics: Online
Number of Questions: 35
Duration: 60 minutes
Possible points: 140 points
Questions Type: Fill in the blank, multiple choice, multiple answer, and matching
Question Delivery: One question at a time
Multiple Attempts: Not allowed. This Test can only be taken once
Force Completion: Once started, this Test must be completed in one sitting. Do not leave the Test before clicking
Save and Submit.
Due date: Saturday of the last week of the course
Special Instructions
This is an online and open book exam. Students are allowed to use their course materials, including electronic books
(eBooks) and lecture notes. No proctoring is required.
Attempt History
Attempt Time Score
LATEST Attempt 1 33 minutes 140 out of 140
Score for this quiz: 140 out of 140
Submitted Jul 1 at 9:10pm
This attempt took 33 minutes.
Question 1 pts
Assessing the probability and consequences of identified risks to the
project objectives, assigning a risk score to each risk, and creating a list of
prioritized risks describe which pf the following process?
,Correct!
Question 2 pts
Which of the following statement is false?
Correct! Proper risk management is reactive rather than proactive.
Proper risk management is participative rather than autocratic
Proper risk management is a team activity rather an individual activity
Proper risk management is an iterative process rather than a one-time
process
, Project Risk Management includes the processes of conducting
risk management planning, identification, analysis, response
planning, and monitoring and control on a project. The objectives
of Project Risk Management are to increase the probability and
impact of positive events, and decrease the probability and impact
of negative events in the project. Thus, risk management is
proactive management.
Question 3 pts
In qualitative risk analysis, the project team sometimes uses a numeric
scale and a color coding system assigning red, yellow and green to a pre-
determined value range. This color coding system breaks the risks into
groups requiring different level of attention. Green risks are those that
(selected the best answer).
Can be ignored
Require more attention
Should be closely monitored
Correct!
Are of least concern
, In a color coding system, green risks are usually those of least
concern but should not be ignored because risk status changes as
the project progresses.
Question 4 pts
You have just been selected as the project manager of a high-risk project.
You and your project team are working with key stakeholders to develop a
risk management plan (RMP). Which of the following documents you may
need to develop your RMP?
Scope management plan
Cost management plan
Schedule management plan
Communications management plan
Correct!
All of the above.
Due No due date Points 140 Questions 35 Time Limit 60 Minutes
Instructions
Final Exam Parameters
Logistics: Online
Number of Questions: 35
Duration: 60 minutes
Possible points: 140 points
Questions Type: Fill in the blank, multiple choice, multiple answer, and matching
Question Delivery: One question at a time
Multiple Attempts: Not allowed. This Test can only be taken once
Force Completion: Once started, this Test must be completed in one sitting. Do not leave the Test before clicking
Save and Submit.
Due date: Saturday of the last week of the course
Special Instructions
This is an online and open book exam. Students are allowed to use their course materials, including electronic books
(eBooks) and lecture notes. No proctoring is required.
Attempt History
Attempt Time Score
LATEST Attempt 1 33 minutes 140 out of 140
Score for this quiz: 140 out of 140
Submitted Jul 1 at 9:10pm
This attempt took 33 minutes.
Question 1 pts
Assessing the probability and consequences of identified risks to the
project objectives, assigning a risk score to each risk, and creating a list of
prioritized risks describe which pf the following process?
,Correct!
Question 2 pts
Which of the following statement is false?
Correct! Proper risk management is reactive rather than proactive.
Proper risk management is participative rather than autocratic
Proper risk management is a team activity rather an individual activity
Proper risk management is an iterative process rather than a one-time
process
, Project Risk Management includes the processes of conducting
risk management planning, identification, analysis, response
planning, and monitoring and control on a project. The objectives
of Project Risk Management are to increase the probability and
impact of positive events, and decrease the probability and impact
of negative events in the project. Thus, risk management is
proactive management.
Question 3 pts
In qualitative risk analysis, the project team sometimes uses a numeric
scale and a color coding system assigning red, yellow and green to a pre-
determined value range. This color coding system breaks the risks into
groups requiring different level of attention. Green risks are those that
(selected the best answer).
Can be ignored
Require more attention
Should be closely monitored
Correct!
Are of least concern
, In a color coding system, green risks are usually those of least
concern but should not be ignored because risk status changes as
the project progresses.
Question 4 pts
You have just been selected as the project manager of a high-risk project.
You and your project team are working with key stakeholders to develop a
risk management plan (RMP). Which of the following documents you may
need to develop your RMP?
Scope management plan
Cost management plan
Schedule management plan
Communications management plan
Correct!
All of the above.
