07 Jun PROJ 595 Midterm Set 1 NEW
1. (TCO A) Qualitative risk analysis
2. (TCO A) When using the ATOM process to manage risks, an initiation meeting should be used for
3. (TCO B) A watch list is a
4. (TCO D) In risk response planning, which is the difference between active and passive acceptance?
5. (TCO E) A common tool for use in risk monitoring and control is
6. (TCO H) When using the ATOM process to manage risks, which is the importance of an initiation meeting?
7. (TCOA) Explain when risk breakdown structure is created, and explain the importance of a risk breakdown structure in risk management
8. (TCO B) Explain the qualitative risk analysis process
9. (TCO D) Explain transference as a risk response strategy, and provide an example of its use in a project
10. (TCO E) Describe the function and process of performing a risk audit during a project
11. (TCO H) What is the role of a risk owner in the risk management process?
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