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NEW QUESTION: 1
You are the project manager for your organization. You are preparing for the quantitative risk analysis. Mark, a project team member, wants to know why you need to do quantitative risk analysis when you just completed qualitative risk analysis. Which one of the following statements best defines what quantitative risk analysis is?
A. Quantitative risk analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
B. Quantitative risk analysis is the review of the risk events with the high probability and the highest impact on the project objectives.
C. is incorrect. This is actually the definition of qualitative risk analysis.
D. Quantitative risk analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.
E. Quantitative risk analysis is the planning and quantification of risk responses based on probability and impact of each risk event.
F. is incorrect. While somewhat true, this statement does not completely define the
quantitative risk analysis process.
G. Explanation:
Quantitative risk analysis is the process of numerically analyzing the effect of identified risks on
overall project objectives. It is performed on risk that have been prioritized through the qualitative
risk analysis process.
Answer: D
Explanation:
is incorrect. This is not a valid statement about the quantitative risk analysis process.
Risk response planning is a separate project management process.

NEW QUESTION: 2
Risk management is an important activity for most organizations today. Reducing operational risk may
require setting up barriers which may reduce business activities and hurt profitability. How can Big Data &
Analytics provide solutions that reduce risk while maintaining profitability?
A. Big data can support company-wide integrated data governance policies and procedures.
B. Security/Intelligence Extension relies entirely on security technologies such as events. logs, and alerts.
C. Focused and detailed fraud policy in each major department of a firm is more effective than an
integrated, therefore slow, performing solution.
D. Predictive analytics can prevent in-flight transaction credit card fraud.
Answer: A

NEW QUESTION: 3
You are the Scrum Master for a new project. This project will have 80 developers contributing to the product.
As a Scrum Master, how would you divide a group of 80 people into multiple Development Teams?
A. Create ten teams of eight people per team.
B. Create eight teams of 10 people per team.
C. Coach the Development Team about being self-organizing, but also coach the team to form based on relationships from past projects.
D. Tell the 80 developers about the product, the product vision, and rules of the Scrum framework, then allow the 80 developers to self-organize into separate teams.
Answer: D