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PMT 0170 Risk Management 2024 with 26 Verified Questions and Answers/Latest Update
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PMT 0170 Risk Management 2024 with 26 Verified Questions and Answers/Latest Update
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PMT 0170 Risk Management 2024with 26 Verified Questions and
Answers/Latest Update
Why are Monte Carlo simulations used in program schedule analysis? 10.2 - -To
find the cumulative effect of multiple risks on total project schedule duration or
total project cost
-A shortage of steel has caused a delay in one of the tasks until the material is
available. The original plan estimated the material to be available in 6 weeks, but
the shortage continues. What would be an appropriate step in tracking and
managing this issue? 15.3 - -Adjust the corrective action plan and issue level as
warranted.
-Since risks should be closely tied to individual tasks and deliverables, which of
the following should be used as a cross-reference to each risk? 31.1 - -Work
Breakdown Structure (WBS) number
-The following describes which type of category of risk: Two legacy software
systems must be combined into one system in order to operate a new piece of
hardware. Programmers must find a way to ensure that old data records in each
system are still editable. If not, the hardware will not operate correctly. 7.2 - -
Technical
-Which of the following is important for good government/contractor
coordination of risk management (RM)? (Select two that apply.) 6.3 - -Not:
Common approaches to addressing risk.
All personnel committing to plan and execute a successful risk management (RM)
program
-Which of the following is a critical success factor to ensure effective risk
management (RM)? 4.1 - -Program Risk Process (PRP) Document
-Which stage of the issue management (IM) process is characterized by the
following scenario: It has been observed that the battery used in the new portable
Doppler-based wind measuring system doesn't maintain a charge for long periods
of time. After some study, it is determined that the issue has only a moderate effect
on the program's success. 15.1 - -Not: Issue identification
-Which of the following is a step of the Department of Defense (DoD) Risk
Management Process? 3.1 - -Mitigation
-Which of the following are risk process planning objectives? (Select three that
apply.) 6.1 - -Identifies the plan for training Integrated Product Team (IPT)
members in RM techniques
Ensures sound risk management (RM) principles, tools, and techniques are
applied to the risk management program
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