1. When developing risk mitigation plans, one should:
a) Be sure to plan for every possible thing that could go wrong.
b) Have a single person develop all risk scenarios .
c) Always use buffers as the primary risk mitigation technique.
d) Select mitigation plans that give the highest level of prevention or protection at the lowest investment.
2. A method for estimating the impacts of uncertainty on project tasks is:
a) Rule of thumb estimates.
b) Best case estimates.
c) Probabilistic task duration estimates.
d) Risk weighted estimates.
3. Which of the following is NOT a good reason to terminate (kill) a project?
a) Consistent budget and schedule overruns.
b) Changing organizational priorities.
c) Uncertainty regarding the project’s outcomes.
d) Wrong resources assigned to the project.