Question 31

You are the project manager of the AMD project for your organization. In this project, you are currently performing quantitative risk analysis. The tool and technique you are using is simulation where the project model is computed many times with the input values chosen at random for each iteration. The goal is to create a probability distribution from the iterations for the project schedule.
What technique will you use with this simulation?
  • Question 32

    You are working with Anna on your project to determine and map the probability distributions of risk within the project. You have indicated that you will use the uniform distribution method for a portion of the project. Which part of your project is most likely to have a uniform risk distribution?
  • Question 33

    Donna is the project manager of the QSD Project and she believes Risk Event D in the following figure is likely to happen.

    If this event does happen, how much will Donna have left in the risk contingency reserve if none of the other risk events have happened?
  • Question 34

    An experienced and the only developer on a software implementation project will be on leave for several weeks. The risk of this critical resource's availability was added to the risk register. Contingencies were made for a support developer to job shadow this resource, depending on how things go prior to their leave. The project team was pleased with the backup plan and the new resource was able to shadow for a few weeks.
    What should the risk manager do next?
  • Question 35

    A risk manager has been assigned to replace a risk manager on sick leave. The new risk manager notices that the risk register is missing data that are key to the risk management process.
    Which data will the risk manager require first?