Test - CLM 017 Risk Management Exam
Questions With Correct Answers
Which of the following is a good example of a framing assumption (FA)? -
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CORRECT ANSWER✔✔--Schedule timeframe will be adequate to develop
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prototype and final product.
| | |
-Requirements will remain stable. | | |
-System deficiencies will be identified and fixed.
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-*Contractors will offer mature designs that allow prototypes to be delivered in
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five months.*
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Which of the following are attributes of a framing assumption (FA) in an
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acquisition program? (Select all that apply.) - CORRECT ANSWER✔✔--*No "work-
| | | | | | | | |
arounds"*
-*Critical*
-*Foundational*
-*Program-specific*
Who may write the Program Risk Process (PRP) Document? - CORRECT
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ANSWER✔✔--*The program manager (PM) or a dedicated risk manager*
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-The Program Executive Officer (PEO) or the Risk Management Board (RMB)
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-The Risk Working Group or the Risk Management Board (RMB)
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-The Program Executive Officer (PEO) or the Integrated Product Team (IPT)
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management board |
, The following describes which sources of potential risk: The software
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programming team is supposed to begin work in two months. The team has
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already been hired, but half of the team does not yet have their security
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clearance, and will not be able to start work on site until they do. - CORRECT
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ANSWER✔✔--External factors and requirements | | |
-*Management and security* | |
-Logistics and external factors | | |
-Human systems integration and security
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Which of the following is a responsibility of the Integrated Product Team (IPT)
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during the risk management (RM) process? (I GOT THIS ANSWER WRONG) -
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CORRECT ANSWER✔✔--Coordinate RM efforts for risks affecting multiple IPTs.
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-*Approve risk closure for IPT-level risks and notify the program RMB for closure.*
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-Ensure the development of and approve the Program Risk Process (PRP)
| | | | | | | | | | |
Document.
-Brief the risk mitigation plan to the program or IPT Risk Management Board
| | | | | | | | | | | | |
(RMB) for approval.
| |
Which of the following are the components of opportunity management (OM)? -
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CORRECT ANSWER✔✔--Likelihood, level, consequence
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-Level, priority, benefit
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-*Future root cause, probability, benefit*
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-Probability, cost, future root cause | | | |
During Engineering and Manufacturing Development (EMD), risks should be
| | | | | | | | |
identified related to critical manufacturing process and key product
| | | | | | | | |
Questions With Correct Answers
Which of the following is a good example of a framing assumption (FA)? -
| | | | | | | | | | | | | |
CORRECT ANSWER✔✔--Schedule timeframe will be adequate to develop
| | | | | | | |
prototype and final product.
| | |
-Requirements will remain stable. | | |
-System deficiencies will be identified and fixed.
| | | | | |
-*Contractors will offer mature designs that allow prototypes to be delivered in
| | | | | | | | | | | |
five months.*
|
Which of the following are attributes of a framing assumption (FA) in an
| | | | | | | | | | | | |
acquisition program? (Select all that apply.) - CORRECT ANSWER✔✔--*No "work-
| | | | | | | | |
arounds"*
-*Critical*
-*Foundational*
-*Program-specific*
Who may write the Program Risk Process (PRP) Document? - CORRECT
| | | | | | | | | | |
ANSWER✔✔--*The program manager (PM) or a dedicated risk manager*
| | | | | | | |
-The Program Executive Officer (PEO) or the Risk Management Board (RMB)
| | | | | | | | | |
-The Risk Working Group or the Risk Management Board (RMB)
| | | | | | | | |
-The Program Executive Officer (PEO) or the Integrated Product Team (IPT)
| | | | | | | | | | |
management board |
, The following describes which sources of potential risk: The software
| | | | | | | | | |
programming team is supposed to begin work in two months. The team has
| | | | | | | | | | | | |
already been hired, but half of the team does not yet have their security
| | | | | | | | | | | | | |
clearance, and will not be able to start work on site until they do. - CORRECT
| | | | | | | | | | | | | | | |
ANSWER✔✔--External factors and requirements | | |
-*Management and security* | |
-Logistics and external factors | | |
-Human systems integration and security
| | | |
Which of the following is a responsibility of the Integrated Product Team (IPT)
| | | | | | | | | | | | |
during the risk management (RM) process? (I GOT THIS ANSWER WRONG) -
| | | | | | | | | | | |
CORRECT ANSWER✔✔--Coordinate RM efforts for risks affecting multiple IPTs.
| | | | | | | |
-*Approve risk closure for IPT-level risks and notify the program RMB for closure.*
| | | | | | | | | | | |
-Ensure the development of and approve the Program Risk Process (PRP)
| | | | | | | | | | |
Document.
-Brief the risk mitigation plan to the program or IPT Risk Management Board
| | | | | | | | | | | | |
(RMB) for approval.
| |
Which of the following are the components of opportunity management (OM)? -
| | | | | | | | | | | |
CORRECT ANSWER✔✔--Likelihood, level, consequence
| | |
-Level, priority, benefit
| |
-*Future root cause, probability, benefit*
| | | |
-Probability, cost, future root cause | | | |
During Engineering and Manufacturing Development (EMD), risks should be
| | | | | | | | |
identified related to critical manufacturing process and key product
| | | | | | | | |
