A risk with a positive outcome is called an _____________ .
A. Unlikely risk
B. Objective risk
C. Opportunity
D. Obsolete risk
PMP Exam Set B – Q51
When a negative unidentified risk occurs in a project, a response to it would be called:
A. Disaster recovery
B. Failure planning
C. A workaround
D. Backup planning
PMP Exam Set A – Q84
Which term best describes the Identify Risks process?
A. Finite
B. Redundant
C. Iterative
D. Inconsequential
PMP Exam Set A – Q82
Which of the following is a hierarchical representation of project risks?
A. Risk Register
B. Risk Mitigation
C. Risk categories
D. Risk Breakdown Structure
PMP Exam Set A – Q64
Risk identification checklists are usually developed based on historical information and knowledge accumulated from previous similar projects. Which of the following statements about risk identification checklists is wrong?
A. It is impossible to build an exhaustive checklist.
B. The lowest level of the Risk Breakdown Structure (RBS) cannot be used as a risk checklist
C. Quick and simple risk checklists are the least effective ones.
D. Risk checklists should be reviewed during project closure.
PMP Exam Set A – Q58
Which strategy attempts to reduce the probability and/or the impact of a risk to the point where the risk can be accepted?
A. Mitigation
B. Avoidance
C. Acceptance
D. Transfer