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NEW QUESTION: 1
You are the project manager for BlueWell Inc. You have noticed that the risk level in your project increases above the risk tolerance level of your enterprise. You have applied several risk responses. Now you have to update the risk register in accordance to risk response process. All of the following are included in the risk register except for which item?
A. Risk triggers
B. Network diagram analysis of critical path activities
C. Risk owners and their responsibility
D. Agreed-upon response strategies
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The risk register does not examine the network diagram and the critical path. There may be risks associated with the activities on the network diagram, but it does not address the network diagram directly.
The risk register is updated at the end of the plan risk response process with the information that was discovered during the process. The response plans are recorded in the risk register. In the risk register, risk is stated in order of priority, i.e., those with the highest potential for threat or opportunity first. Some risks might not require response plans at all, but then too they should be put on a watch list and monitored throughout the project. Following elements should appear in the risk register:
List of identified risks, including their descriptions, root causes, and how the risks impact the project

objectives
Risk owners and their responsibility

Outputs from the Perform Qualitative Analysis process

Agreed-upon response strategies

Risk triggers

Cost and schedule activities needed to implement risk responses

Contingency plans

Fallback plans, which are risk response plans that are executed when the initial risk response plan

proves to be ineffective
Contingency reserves

Residual risk, which is a leftover risk that remains after the risk response strategy has been

implemented
Secondary risks, which are risks that come about as a result of implementing a risk response

NEW QUESTION: 2
Henry is the project manager of the QBG Project for his company. This project has a budget of $4,576,900 and is expected to last 18 months to complete. The CIO, a stakeholder in the project, has introduced a scope change request for additional deliverables as part of the project work. What component of the change control system would review the proposed changes' impact on the features and functions of the project's product?
A. Configuration management system
B. Integrated change control
C. Scope change control system
D. Cost change control system
Answer: A
Explanation:
The configuration management system ensures that proposed changes to the project's scope are reviewed and evaluated for their affect on the project's product. Configuration Management System is a subsystem of the overall project management system. It is a collection of formal documented procedures used to identify and document the functional and physical characteristics of a product, result, service, or component of the project. It also controls any changes to such characteristics, and records and reports each change and its implementation status. It includes the documentation, tracking systems, and defined approval levels necessary for authorizing and controlling changes. Audits are performed as part of configuration management to determine if the requirements have been met. Answer B is incorrect. The scope change control system focuses on reviewing the actual changes to the project scope. When a change to the project's scope is proposed, the configuration management system is also invoked. Answer C is incorrect. The cost change control system is responsible for reviewing and controlling changes to the project costs. Answer D is incorrect. Integrated change control examines the affect of a proposed change on the project as a whole.

NEW QUESTION: 3
What is the purpose of IT0302 (Additional Actions)?
Please choose the correct answer.
Response:
A. Ensures only one personnel action can be saved per day per employee
B. Ensures multiple non-status changing personnel actions can be saved per day per employee
C. Ensures only one status-changing personnel action can be saved per day per employee
D. Ensures multiple status-changing personnel actions can be saved per day per employee
Answer: B

NEW QUESTION: 4
In the Receiving application, what are three standard values for the Inspection Status field? (Choose three.)
A. CLOSE
B. COMP
C. WASSET
D. WAPPR
E. WINSP
F. APPR
Answer: B,C,E