Practice Quiz

PMI PMP Project Management - Question List

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56. What are the four options for dealing with a risk?
  1. Accept, mitigate, transfer and avoid
  2. Accept, insure, transfer and avoid
  3. Accept, mitigate, reduce and avoid
  4. Situation, task, action, result
  5. It’s a trick question – there are only three and they are transfer, mitigate and avoid.
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57. True or false: Insurance is a way of transferring risk.
  1. True
  2. False
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58. Jerry has been asked to be very diligent about risk management since his new company has experienced rather involved complications before. Which best exemplifies good risk management?
  1. analyzing, planning and monitoring risks
  2. increasing the possibility of good results
  3. decreasing the possibility of bad results
  4. installing Risk-Buddy, a software solution, to handle all of your risk management needs
  5. mitigating major risks
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59. By applying effective risk management techniques, what percentage of risks can be curtailed?
  1. 50%
  2. 10%
  3. 25%
  4. 90%
  5. 100%
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60. Jerry was in the midst of his assessing risk for his project at a well-known real estate firm when the stock market collapsed, sending shockwaves through his company and his project. The market crashing can be classified as what type of risk:
  1. Foreseeable
  2. Internal
  3. Technical
  4. External
  5. Redoubtable
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