PMT 0170 Exam 2
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Defense Acquisition University *
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Course
PMT 0170
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
Pages
6
Uploaded by jwalker1pe
PMT 0170 Exam 2
4.1
Which of the following is a critical success factor to ensure effective risk management?
> Establishing priority risk categories
clearly and completely outlining project requirements in the request for quotation
managing team Communications to mitigate risk
aligning government and contractor risk management
6.5
Which of the following is a responsibility of the management level during the Risk management
process? (select two)
>Reviews risks affecting and owned by multiple IPTs
approve risk closure for IPT-level risks and notify the program risk management board for
closure
brief the risk mitigation plan to the program or IPT risk management board for approval
> leads the development of and approve the mitigations plan and options
15.3
A moderate issue with staffing shortages on your program is being tracked. New developers
were estimated to be on staff by March 8, but it appears that this deadline will not be reached.
What is an appropriate action to monitor this issue?
> update and review the issue regularly, and analyze potential changes to the issue level and
potential Associated risks.
ask the manager to enter the closing date and actual cost into the issue register when the new
Personnel are on staff
analyze the issue again to determine if the correct issue sources were identified
review related projects to identify possible risks
6.2
Within a program, which of the following entities is responsible for overseeing the management
of risks, opportunities, and issues?
change management board
> integrated product team
program manager
risk working group
7.1
Which of the following are lower level risk identification techniques? (select two that apply.)
expert interviews
Trends
>Decomposition
>Five “whys”
5.1
Which of the following are attributes of a framing assumption in an acquisition program? (select
two that apply)
Urgent
> program-specific
> Generic
No “work-arounds”
6.1
Which of the following is an objective of risk process planning?
ensures sound risk management principles, tools, and techniques are applied to the RM
program
identifies the plan for testing the integrated product team members in RM technique
outlines or risk management organization to the customer
answers why you must execute the risk management process
14.2
Your program requirements call for contractors to use the same customized web development
software that is used in all of the other programs within your division. However, one of your
contractors demonstrated competing off the shelf software with more features that can produce
the same quality of product and achieve the same required and product specifications while
cutting development time in half and costs a tenth of the price. Is this a risk or an opportunity?
Not enough information
Risk
>Opportunity
Neither risk nor opportunity
3.1
Which of the following is a step of the DoD risk management process?
Sourcing
Tracking
Registration
> mitigation
16.1
During TMRR, The goal is to primarily reduce which types of risk. (select three that apply)
Technology
Engineering
Integration
Logistics
6.4
Where are the likelihood and consequence parameters and thresholds documented?
Department of Defense risk issue and opportunity management guide for defense acquisition
programs
the project management plan
> the program risk process document
the program management plan
8.1
The following describes which source of potential risk: the software programming team is
supposed to Begin work in two weeks. The office housing this team must be set up with furniture
and computers installed by the time the team arrives. The computers are on order and have not
yet arrived. Furniture is being sought at an excess property Warehouse, but it is not certain that
sufficient furniture will be available.
Requirements
Cost
Logistics
>External
15.1
Which stage of the issue management process is characterized by the following scenario: it has
been observed that the battery used in the new portable doppler-base wind measuring system
doesn't maintain a charge for long periods of time. After some study, it is determined that the
issue has only a moderate effect on the program's success.
>Issue analysis
Issue planning
Issue monitoring
Issue identification
12.1
Your program includes teams in six different locations. These teams need access to different
pieces of risk monitoring data in order to monitor, manage, and report risk. Which of the
following risk monitoring tools would be most appropriate?
technical performance measurements
risk reporting Matrix
waterfall effect
> risk management information systems
14.1
What is the main difference between a risk and an opportunity?
> risks have a negative consequence while opportunities have positive consequences
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risk can be identified through a range of analysis and tools while opportunities are identified by
individual team contributors based on their observations
mitigating risks requires reallocating resources while achieving opportunities requires creating
additional tasks
risks have a greater likelihood of being realized that opportunities
11.1
You are managing a program for the US Navy to develop a new diving helmet with enhanced
visualization capabilities. The materials Engineers inform you that there is a 5% chance that
condensation from breathing may cause the screen to become unreadable, but that an
anti-fogging film may be used if that issue arises during testing. Which risk mitigation technique
should you choose? (select two that apply)
Transfer
>Control
>Acceptance
Avoidance
10.1
You have contracted a university research team to create a new optic lens as a part of your
program satellite system. your group has never worked with this team before, and has included
a new potential risk stemming from their development and testing procedures. what type of
analysis could you use to identify and reduce specific risks from their processes?
> process risk analysis
expert interviews
Lessons Learned
modeling and simulation
16.2
During the material solution analysis face proactive activities to prevent technical risks focus on
which of the following?
prototyping validation
conducting schedule analysis
conducting a thorough physical configuration audit to verify production does not introduce new
risks
> developing requirements
5.2
Which of the following is a good example of a Framing assumption?
The schedule buffer can account for any scheduled delays
all requirements will be evenly distributed across multiple contracts
material costs will not vary due to fluctuating market demand
>Legal, diplomatic, or political issues will not delay or prevent site selection or Fielding schedule
7.2
The following describes which type of category of risk: two Legacy software systems must be
combined into one system in order to operate a new piece of hardware. programmers must find
a way to ensure that old data records in each system are still editable if not, the hardware will
not operate correctly.
Programmatic
>Technical
Business
6.3
Which of the following is important for good government/contractor coordination of risk
management?
weekly meetings to coordinate risk management efforts
all Personnel committing to a plan and execute a successful risk management program
> a shared risk management database
> common approaches to addressing risk
10.3
Matrix
10.2
Why are Monte Carlo simulations used in program schedule analysis?
1. To determine the shortest path to complete the project
2. To identify the various decision points of the project so you know which tasks need more
attention than others
3. To determine the most logical path for task completion for a successful project
4. To find the cumulative effect of multiple risks on total project schedule duration or total project
cost
2.1
Which of the following is a difference between an opportunity and a risk?
an opportunity cannot be managed; a risk requires management through analysis and tracking
an opportunity is highly likely to occur; a risks likelihood must be calculated
and opportunity can only have a positive impact on a project; a risk can only have a negative
impact
an opportunity is usually realized through resource allocation; a risk is always realized through
scheduling change
13.1
You want to analyze your program's contract performance to date. you hope that, by identifying
areas where the, scope, cost and schedule do not meet performance expectations, you can
identify negative Trends and, there, work to prevent risk and issue recurrences. Which tool will
help you perform that analysis?
CRA
EVM
SHA
WBS
9.1
Matrix
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