____ are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective.
a. Fallback plans
b. Contingency reserves
c. Contingency plans
d. Contingency allowances
Answer: Fallback plans
Question: __ are developed for risks that have a high impact on meeting project objectives, and are put into effect if attempts to reduce the risk are not effective.
"If the information technology project is to produce a new product or service, will it be useful to the organization or marketable to others?" applies to which risk category? ____
a. Financial risk
b. Technology risk
c. Structure/process risk
d. Market risk
Answer: Market risk
Question: "If the information technology project is to produce a new product or service, will it be useful to the organization or marketable to others?" applies to which risk category?
Poor conflict management, poor project organization and definition of responsibilities, and absence of leadership are risk conditions associated with the ____ project management knowledge area.
a. Integration
b. Quality
c. Time
d. Human Resources
Answer: Human Resources
Question: Poor conflict management, poor project organization and definition of responsibilities, and absence of leadership are risk conditions associated with the ____ project management knowledge area.
A(n) ____ represents decision problems by displaying essential elements, including decisions, uncertainties, causality, and objectives, and how they influence each other.
a. risk breakdown structure
b. influence diagram
c. process flow chart
d. system flow chart
Answer: influence diagram
Question: A(n) ____ represents decision problems by displaying essential elements, including decisions, uncertainties, causality, and objectives, and how they influence each other.
A project manager can chart the probability and impact of risks on a ____.
a. risk ranking chart
b. risk probability table
c. probability/impact matrix
d. risk assessment matrix
Answer: probability/impact matrix
Question: A project manager can chart the probability and impact of risks on a ____.