You are managing a construction project. During your risk identification interviews you learn that there has been a string of construction site thefts over the past few months in the area where your will be building your project. The team agrees that it’s unlikely that people will be able to steal from your site. Even if thieves could get around your security, it’s even more unlikely that your project will lose a significant amount of material if a theft does occur. You decide to monitor the risk from time to time to be sure that it continues to have a low probability and impact. Where do you record the risk so that you don’t lose track of it? A. In a trigger B. In the Probability and Impact Matrix C. In the Monte Carlo analysis report D. On a watch list Which of the following is NOT a characteristic of the Project Management Plan? A. Collection of subsidiary plans B. Formal, written communication C. A bar chart that shows the order of tasks and their resource assignments D. Must be approved by project sponsor
You are managing a construction project. During your risk identification
interviews you learn that there has been a string of construction site thefts
over the past few months in the area where your will be building your project.
The team agrees that it’s unlikely that people will be able to steal from your
site. Even if thieves could get around your security, it’s even more unlikely
that your project will lose a significant amount of material if a theft does
occur. You decide to monitor the risk from time to time to be sure that it
continues to have a low probability and impact. Where do you record the risk
so that you don’t lose track of it?
A. In a trigger
B. In the Probability and Impact Matrix
C. In the Monte Carlo analysis report
D. On a watch list
Which of the following is NOT a characteristic of the Project Management
Plan?
A. Collection of subsidiary plans
B. Formal, written communication
C. A bar chart that shows the order of tasks and their resource assignments
D. Must be approved by project sponsor
Step by step
Solved in 2 steps
