Please Do not press "Submit" at the end of the exam until you
are sure of your responses, as your test will be graded immediately.
You can hover your mouse pointer over to see the question ID. Good luck!
Input: Cost of each decision Output: Probability of occurrence
B) Input: Cost of each decision Output: Decision made
Input: Scenario probability Output: Expected Monetary Value (EMV)
D) Input: Cost of each decision Output: Payoff
A) An assessment diagram
B) A triangular distribution
C) A tornado diagram
D) A funnel distribution
A) Risk Acceptance
B) Risk Mitigation
C) Risk Avoidance
D) Risk Transfer
During the SWOT (strengths, weaknesses, opportunities, and threats) analysis.
B) During the Identify Risks phase.
As soon as the Plan Risk Management phase begins
D) As soon as a project is conceived