BUS 519 Project Risk Management Quiz 1

BUS 519 Project Risk Management Quiz 1

BUS 519 Project Risk Management

Quiz 1

Question 1 Which of the following is an enterprise environmental factor that can affect the availability of resources and influence how projects are conducted?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Organizational communication

B Organizational process assets

C Organizational culture

D Organizational structure

Question 2 You are a project manager for Tech Perfect Inc. While studying the project, you find that there are too many stakeholders in the project. You are concerned about some influencing stakeholders. Which of the following process groups can be highly affected by stakeholder influence?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Initiating

B Closing

C Monitoring and controlling

D Planning

Question 3 Which of the following processes includes documenting requirements, budget, and work flow for the project?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Planning

B Initiating

C Closing

D Executing

Ben is the project manager of the YHT project for his company. Alice, one of his team members, is confused about when project risks will happen in the project. Which one of the following statements is the most accurate about when project risk happens?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Project risk is always in the future.

B Project risk can happen at any moment.

C Project risk is uncertain, so no one can predict when the event will happen.

D Project risk happens throughout the project execution.

For successful and timely completion, a project includes five phases. Which of the following phases defines internal and external stakeholders who will interact and influence the overall project outcome?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Executing

B Initiating

C Closing

D Monitoring and controlling

Which of the following process groups contains the lowest number of processes?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Executing and closing

B Executing and planning

C Initiating and closing

D Initiating and planning

Which of the following is a set of projects, programs, and related work that is managed in a coordinated fashion to achieve strategic business objectives in an organization?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Process

B Portfolio

C Project

D Program

Which of the following is an example of an intangible element in business value?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Stockholder equity

B Fixture

C Monetary asset

D Brand recognition

Which of the following phases includes processes to keep close track of project performance, changes, and risks?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Initiating

B Planning

C Executing

D Monitoring and controlling

Which of the following phases monitors the progress of the project to identify the variance from the plan and to correct it?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Monitoring and controlling

B Initiating

C Planning

D Executing

Explanation

Question In what portion of a project are risk and opportunities greatest and require intense planning and anticipation of risk events?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Closing

B Executing

C Planning

D Initiating

Explanation

Which of the following is a hierarchical organization where each employee has one clear superior and is managed by a person with expertise in that area?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Projectized

B Functional

C Composite

D Matrix

Explanation

Fran is the project manager in her organization. She reports to a project management office that takes control of the projects. Fran, through the PMO, will directly manage the project. Fran is a part of what type of PMO?This task contains the radio buttons and checkboxes for options. The shortcut keys to perform this task are A to H and alt+1 to alt+9.

A Controlling

B Directive

C  Functional

D Supportive

Explanation

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ADDITIONAL INSTRUCTIONS FOR THE CLASS

Discussion Questions (DQ)

Initial responses to the DQ should address all components of the questions asked, include a minimum of one scholarly source, and be at least 250 words.

Check out Also: BUS 519 Project Risk Management PROJECT PROGRESS

Successful responses are substantive (i.e., add something new to the discussion, engage others in the discussion, well-developed idea) and include at least one scholarly source.

One or two sentence responses, simple statements of agreement or “good post,” and responses that are off-topic will not count as substantive. Substantive responses should be at least 150 words.

I encourage you to incorporate the readings from the week (as applicable) into your responses.

Weekly Participation

Your initial responses to the mandatory DQ do not count toward participation and are graded separately.

In addition to the DQ responses, you must post at least one reply to peers (or me) on three separate days, for a total of three replies.

Participation posts do not require a scholarly source/citation (unless you cite someone else’s work).

Part of your weekly participation includes viewing the weekly announcement and attesting to watching it in the comments. These announcements are made to ensure you understand everything that is due during the week.

APA Format and Writing Quality

Familiarize yourself with APA format and practice using it correctly. It is used for most writing assignments for your degree. Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for APA paper templates, citation examples, tips, etc. Points will be deducted for poor use of APA format or absence of APA format (if required).

Cite all sources of information! When in doubt, cite the source. Paraphrasing also requires a citation.

I highly recommend using the APA Publication Manual, 6th edition.

Use of Direct Quotes

I discourage overutilization of direct quotes in DQs and assignments at the Masters’ level and deduct points accordingly.

As Masters’ level students, it is important that you be able to critically analyze and interpret information from journal articles and other resources. Simply restating someone else’s words does not demonstrate an understanding of the content or critical analysis of the content.

It is best to paraphrase content and cite your source.

LopesWrite Policy

For assignments that need to be submitted to LopesWrite, please be sure you have received your report and Similarity Index (SI) percentage BEFORE you do a “final submit” to me.

Once you have received your report, please review it. This report will show you grammatical, punctuation, and spelling errors that can easily be fixed. Take the extra few minutes to review instead of getting counted off for these mistakes.

Review your similarities. Did you forget to cite something? Did you not paraphrase well enough? Is your paper made up of someone else’s thoughts more than your own?

Visit the Writing Center in the Student Success Center, under the Resources tab in LoudCloud for tips on improving your paper and SI score.

Late Policy

The university’s policy on late assignments is 10% penalty PER DAY LATE. This also applies to late DQ replies.

Please communicate with me if you anticipate having to submit an assignment late. I am happy to be flexible, with advance notice. We may be able to work out an extension based on extenuating circumstances.

If you do not communicate with me before submitting an assignment late, the GCU late policy will be in effect.

I do not accept assignments that are two or more weeks late unless we have worked out an extension.

As per policy, no assignments are accepted after the last day of class. Any assignment submitted after midnight on the last day of class will not be accepted for grading.

Communication

Communication is so very important. There are multiple ways to communicate with me:

Questions to Instructor Forum: This is a great place to ask course content or assignment questions. If you have a question, there is a good chance one of your peers does as well. This is a public forum for the class.

Individual Forum: This is a private forum to ask me questions or send me messages. This will be checked at least once every 24 hours.