Question Answer

In which of the following categories of threats does project data

become unavailable Interruption
Cause and Effect
tool developed by kaoru ishikawa Diagram/Fishbone
Which of the following tools is commonly used by risk analyst because
of the convenience Spreadsheets
Specific, Measurable,
Attainable,
Realistic/Relavant, and
what does the r stand for in smart goals Timely
which of the following measures ascertains the probability that an
activity is on the critical path index Criticality Index
Adding a password to a system, making additions to project scope are
examples of Fabrication
Which of the following provide the probability statements which are
essential in the decision making process Cumulative Percentiles
Which of the following is the smallest level of a deliverable which cant
be broken down further Work package
________ is used in the field of medicine to check the behaviour of
clinial risk models ROC Curve
What sort of data is income Ratio
Which of the following can be defined as a data analysis tool for sorting
different objects into groups …. Is minimal if they are from different
groups Cluster Analysis
______ is the maximum possible time required to complete the
activities of the project Pessimistic Time
In which technique activities are run simultaneously in order to shorten
the duration of the project activity Fast tracking

Which is the following WBS approach specifies location Organisational

what type of skills must be present in a risk analyst to understand the
financial aspects of the Financial acumen
which of the following types of forecasting assumes that the trend is
linear through the Trend projection Method

Which represents shape of Function in Influence diagram Rounded Rectangle

While planning a risk
analysis, an analyst needs
to determine the main aim
Which of the following is true behind
Which of the following methods assumes that what happened in the
immediate past will happen in immediate future Naïve Method

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 Which of the following helps businesses to helps to calculate the
completion time of the entire project Schedule Risk Analysis
Which of the following is used to solve LP problems in Microsoft Excel's
Solver? Simplex LP

Which of the following is part of the CBA report All of these

Under which group, Solver add in option can be found on the data tab in
microsoft excel Analyze
Which of the following causes of uncertainities gives rise to a situation
where the available…. abundance of information
… of the scheduled activities that take the longest time to complete is
known as Critical Path
In which of the following does the failure of one event lead to the
failure of another event Cascading Events

Which of the following is a example of measures of risk Redundancy in staff

In decision tree, decisions are represented by Squares
Which of the following practices is followed when enabling a risk
mitigating plan Prioritize Countermeasures

_____ is an exploit in which multiple systems access the bandwith of Distributed Denial of
the…. Service
which level is the project cost represented in the cost breakdown
structure Level 1

____ measures size of error in percentage terms MAPE

_____ may represent a group of activities or an activity which forms a
important part of a project Milestone Chart
The results and recommendations of the BIA is then reported to Higher Authorities
______ can help project managers to ascertain the best solutions to
mitigate project risk Feasibility Test
Standard Deviation of any distribution is always Positive
Which of the following defines the degree of distribution to which it is
uneven Skewness
Which of the following can be used to plot trend plots All of these
The conditions that dictate the relationship between an employee and
employer are based on the Labour Law
Which of the following methods assigns exponentially decreasing Exponential smoothing
weights as the observations get older methods
What type of assumptions contradict the major principles of risk
analysis , which is to provide a unbiased report Conservative

Which of the following is a financial source of risk Stock Market Fluctuations

Which of the following technique is used to evaluate potential financial,
safety, regulatory, legal, contractual risk to operations. Business Impact Analysis

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 Question Answer
Which of the following component of linear programming is also known as
coefficient or constant Parameter

In which year did Funtowicz and Ravetz develop NUSAP 1990

In which year was IT Act amended to include the issue of privacy 2011

The boundaries of a project are defined in Project Scope

What are the limitations associated with budget constraints, time and
access to information in risk based approach…. Frame Conditions
In which structure the main deliverables of the project are placed at the top
level which are further decomposed into sub deliverables hierarchical tree structure
Which of the following estimates is the shortest possible time within which
the project can be Optimistic time
Which of the following analysis is conducted by a business to identify the
gap between current and required Gap Analysis
______ is a graphical representation of the sensitivity of outcome of a
model to independent variables Tornado Diagram
_____ distributions have slender tails and a flat top. Platykurtic
Which of the following methods involves consultations with experienced
professionals belonging….. Expert Judgement
In which century did Charles Darwin give theory of evolution Mid Nineteenth Century
Which of the following indicates the combined effect of severity,
occurrence and detection Risk Priority Number
what is the collection of objects(entities) that have certain properties
(attributes) called System
Which of the following components of linear programming states
mathematically what is to be maximized and what is to be minimized. Objective Function
if the variables move in opposite direction, what is the correlation
coefficient -1
Process of bringing steel to a optimal state by using a disciplined heating
cooling schedule Annealing

Which of the following is included in plan of action and Milestones All of the above

Which of the following is a example of a milestone Project Kick off

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 Which of the following constraints put the upper limit on some functions of
a decision variable <=
The risks are represented
Which of the following statement is true for tornado diagram in descending order
in _______, the best likely estimate of each input variable is used to
determine the outcome of the analysis Risk analysis
Which of the following tools depicts a sequence of probabilistic events
along with their probabilities and impact of events Event Tree

Risk related to ruling political party is called External Risk

Which method was invented by Olaf Helmer and Norman Dalkey Delphi Technique
Which criticalities indicates less critical risk which may not lead to project
failure but needs immediate maintainance Critical
In which of the following approaches one needs to have significant
experience and skills to arrive at effective decisions Backward Approach
Duration of the activity when it is crashed is called Crash Time
while creating a Business plan, a bank identifies that the opportunity is
risky. Therefore, ….. Avoid the risk
Implementing all
countermeasures can be
very costly for an
Which of the following statements are true organization
Lack of information or data
Which of the following is the main source of undertainity about the system
Which of the following steps of gap analysis includes reviewing automated Review the current security
security controls, incident response plans and communication protocols system

which of the following should be maintained within the allocated budget Costs
What type of relationship is shown by ROC Curve Inverse
What is the other name for project scope All of these
Which of the following cost is zero unless the project is completed late Penalty cost
Which of the following categories of NUSAP describes the sources of the
numeral or its production process Pedigree
Which of the following depicts the status of a milestone at a time Coloured Triangle
Which of the following sensitivity measures/indices ascertains the relative
importance of an activity Significance Index
To make employees aware of the use of safety equipment, you need to
impart technical training…. Training Cost
Which of the following issues can affect the perception of a project to the
neighbouring public Social Issues
Which of the following techniques carries out numerous experiments
taking possible input Values to determine the corresponding output values
in the experiment Simulation

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