Which technique helps to determine the risks that have the most potential impact on a project?

1. A. Cost risk simulation analysis
2. B. Expected monetary value analysis
3. C. Modeling and simulation
4. D. Sensitivity analysis

Correct Answer: D

Analyzing the strengths, weaknesses, opportunities, and threats (SWOT) of a project is known as:

1. A. calculating cost of quality
2. B. comparing project benefits
3. C. performing measurements analysis
4. D. identifying risks

Correct Answer: D

Which process develops options and actions to enhance opportunities and reduce threats to project objectives?

1. A. Identify Risks
2. B. Control Risks
3. C. Plan Risk Management
4. D. Plan Risk Responses

Correct Answer: D

Activity cost estimates and the project schedule are inputs to which Project Cost Management process?

1. A. Estimate Costs
2. B. Control Costs
3. C. Plan Cost Management
4. D. Determine Budget

Correct Answer: D

You are assigned to implement the project control plan. What should you do to ensure the plan is effective and current?

1. A. Perform periodic project performance review
2. B. Identify quality project standard
3. C. Follow ISO 9000 quality standard
4. D. Complete the quality control checklis

Correct Answer: A