Proj 420 (Project Risk Management) Final Exam Answers

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PROJ 420 (Project Risk Management) Final Exam Answers (TCO 1) Project risk has its origins in (Points : 5) (TCO 2) The identification process produces (Points : 5) (TCO 3) The outputs of the identification step include (Points : 5) (TCO 4) Risk assessment involves two basic functions: (Points : 5) . (TCO 5) Secondary risk is caused by (Points : 5) (TCO 6) The reporting step is designed to fulfill the function of (Points :
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What characteristics would they have?(Points : 15) (TCO 4) What are the three heuristics that are used in the case of uncertainty?(Points : 15) (TCO 7) Once an active risk is encountered and the risk register action is taken, what can develop from that action?(Points : 15) (TCO 8) The focus of the post project review is to take advantage of what?(Points : 15) (TCO 1) There are four critical success factors for effective risk management. List them and provide a detailed description of each. (Points : 30) (TCO 2) This is a two-part
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