TEST BANK PMP Exam Practice Test 9th Edition Brent Knapp

1. Project risk is characterized by three factors: _____. A. Severity of impact, duration of impact and cost of impact B. Identification, type of risk category and probability of impact C. Risk event, risk probability and the amount at stake D. Occurrence, frequency and cost 2. Contingency planning is a means to _____ risks to the project through a formal process and provides the resources to meet the risk events. A. Address B. Classify C. Assign D. Resolve 3. Which of the following s...