Appendix B: Practice Test

1 Assume that your project evaluates risk impacts as Low, Moderate, and High as follows: Low 0.1 - 0.2, Moderate 0.3 - 0.4, High 0.5 - 0.9. These ratings

A Are wrong. They must be linear.

B Cannot sum to 1.0 because 1.0 would reflect a case of certainty.

C Must be the same for every project in your department's portfolio.

D Demonstrate a degree of risk aversion.

2 Which stakeholder looks at the financial return from a group of projects and programs?

A The project manager

B The PMO manager

C The portfolio manager

D The program manager

3 You performed a quantitative risk analysis on your project. The output of this analysis

A Shows the probability of achieving your project's schedule and cost objectives.