High probability and impact risk......

A construction project has a work package that could result in fatalities or long term disabilities with losses of over U.S. $2 million.

The company has had a clean record in the past and has won several safety awards. An appropriate risk mitigation strategy is to:

A post a sign that describes the number of injuries to date and remind everyone to be careful.

B insure against the risk.

C add classroom training on safety for the project team.

D not do the work package.




ANS:D

The question asks for the "appropriate" risk mitigation strategy. The risk described is of such magnitude that choice A would not have enough of a clear effect on the risk. Choice B might decrease cost risk but not other types of risks. You might still have deaths. Classroom training, choice C, might also reduce the probability of the risk occurring, but it is not the "best" or most "appropriate" choice. Because of the company's safety record and the impact of the risk, choice D is the only appropriate choice.

high risk probability and impact → 所以直接 aviod 掉……
(謝謝 william 同學的分享）

（P.S. 本文章發佈在 PMP交流討論網 ，歡迎大家參與討論）

……(閱讀全文並檢視所有回應)

about the Organizational process assets

Which parts of the risk management process do not generally use organizational process assets as an input?

A Risk identification and qualitative risk analysis

B Qualitative and quantitative risk analysis

C Quantitative risk analysis and risk response planning

D Risk response planning and risk monitoring and control .


ANS:D

Since risk response planning focuses on previously identified risks and risk monitoring and control measures project performance, they do not need to make use of organizational process assets.

Source: PMBOKR Guide

通常在了解 ITTO 時，我不會特別花力氣思考在
Organizational process assets 以及 Eterprise Environmental Factors
這兩個 Input
只不過，這一題提醒了我，相關的東西還是思考一下
（謝謝 William 同學分享）


（P.S. 本文章發佈在 PMP交流討論網 ，歡迎大家參與討論）

---

……(閱讀全文並檢視所有回應)

Risk qualitive anallysis & Risk quantitative analysis

A project manager has just completed subjectively evaluating risks on the project. Which of the following is the MOST important output of this process?
A Decrease in the risk ranking for the project
B A determination of which risks to process further and which to simply document
C Probabilistic analysis of the project and identification of risk triggers
D Probability of achieving cost objectives


ANS: B
You need to realize that you are completing qualitative risk analysis. Choice A occurs during risk response planning, Choices C and D occur during quantitative risk analysis and risk response planning.

m....
這一題一開始在讀的時候，會搞不清楚，它是在考 qualitative risk analysis 或是 quantitative risk analysis process
因為這兩個 process ， 我們都會有 evaluate 的動作……
所以 (B), (C) 兩個答案都可以被考慮……
（p.s. (A), (D) 就不用考慮了，那很明顯是 risk response planning process 中才會發生的行為）
我覺得主要應該是在 subjectively 這一個字眼……
我們大概可以在 qualitative risk analysis 或是 quantitative risk analysis 這兩個process 中的 TT 比較看得出來……
quanlitaitve risk analysis Process 中的兩種 TT
1.Data Gathering and Representation Techniques
( include Interviewing,Probability distributions, and Expert judgement)
2.Quantitive Risk Analysis and Modeling Techniques
( include Senitivity Analysis, Expected Monetary Value analysis,Decision tree analysis, and Modeling and simulation)
看起來都都是比較 objectivity ，而不是 subjectivity 的手法……

一點點分享……看其它的人有沒有什麼建議？


Immanuel,
Duncan

（P.S. 本文章發佈在 PMP交流討論網 ，歡迎大家參與討論）

---

……(閱讀全文並檢視所有回應)

A project manager has just finished the risk response plan for a U.S. $387,000 engineering project. Which of the following should he probably do NEXT?
A Determine the overall risk rating of the project. 
B Begin to analyze the risks that show up in the project drawings. 
C Add work packages to the project work breakdown structure.
D Hold a project risk reassessment. 




ANS:C
This situation is occurring during project planning. Planning must be completed before moving on. Determining the risk rating of the project (choice A) is done during qualitative risk analysis, and should have already been done. Choice B is work that is done during project executing. Project risk reassessment (choice D) occurs during risk monitoring and control, the next step in the risk process after response planning. But the question does not ask what is next in the risk management process, just what is next. Only choice C comes after risk in project planning. Do you know the order of planning yet?

這一題，第一組組員討論了很久……
我們最後的結論是……
例如：買保險……這樣會增加 work package 了……
（P.S. 本文章發佈在 PMP交流討論網 ，歡迎大家參與討論）

……(閱讀全文並檢視所有回應)

What is the MOST likely cause of poor risk management?

值得思考的題問……
我跟 william 同學有相同的問題……why?

Which of the following is the MOST likely cause of poor risk management?
A Inadequate risk response planning
B Poor risk monitoring and control
C Lack of a prioritized list of risks
D Lack of detail in the project scope statement



C
Risk management cannot proceed without a prioritized list of risks.

Can someone clarify this? Why prioritized list of risks? Why not Inadequate risk response planning?



（P.S. 本文章發佈在 PMP交流討論網 ，歡迎大家參與討論）

……(閱讀全文並檢視所有回應)