____ are/is a qualitative risk analysis tool, and in addition to identifying risks, it maintains an awareness of risks throughout the life of a project.
a. Risk factor analysis
b. Probability/impact matrices or charts
c. Risk registering
d. Top Ten Risk Item Tracking
Answer: Top Ten Risk Item Tracking
Question: ____ are/is a qualitative risk analysis tool, and in addition to identifying risks, it maintains an awareness of risks throughout the life of a project.
A(n) ____ is a diagramming analysis technique used to help select the best course of action in situations in which future outcomes are uncertain.
a. decision tree
b. EMV
c. Monte Carlo analysis
d. watch list
Answer: decision tree
Question: A(n) ____ is a diagramming analysis technique used to help select the best course of action in situations in which future outcomes are uncertain.
____ analysis simulates a model's outcome many times to provide a statistical distribution of the calculated results.
a. Decision tree
b. EMV
c. Monte Carlo
d. Watch list
Answer: Monte Carlo
Question: __ analysis simulates a model's outcome many times to provide a statistical distribution of the calculated results.
____ involves shifting the consequence of a risk and responsibility for its management to a third party.
a. Risk avoidance
b. Risk acceptance
c. Risk transference
d. Risk mitigation
Answer: Risk transference
Question: ___ involves shifting the consequence of a risk and responsibility for its management to a third party.
___ involves allocating ownership of the risk to another party.
a. Risk exploitation
b. Risk sharing
c. Risk enhancement
d. Risk acceptance
Answer: Risk sharing
Question: _ involves allocating ownership of the risk to another party.