ACTUAL EXAM QUESTIONS AND
ANSWERS | 2026 UPDATE | 100%
CORRECT.
Which of the following is a step of the Department of Defense (DoD) Risk Management Process?
- ANS -Registration
-Sourcing
-*Mitigation*
-Tracking
Which of the following is a critical success factor to ensure effective risk management (RM)? -
ANS -Researching best practices
-Assembling the most qualified personnel for the team
-Establishing priority risk categories
-*Program Risk Process (PRP) Document*
The following describes which type of category of risk: Certification for a new weapons system is
scheduled for January. To conduct a meaningful test, temperatures must be below freezing. If
the temperature is too warm, the test cannot be conducted. - ANS -Technical
-*Business*
-Programmatic
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, Which of the following are the components of opportunity management (OM)? - ANS -
Probability, cost, future root cause
-Likelihood, level, consequence
-Level, priority, benefit
-*Future root cause, probability, benefit*
Within a program, which of the following entities is responsible for ensuring the risk
management (RM) process is executed according to the Program Risk Process (PRP) Document?
- ANS -Risk Owner
-Risk Working Group
-*Risk Management Board (RMB)*
-Program Executive Officer (PEO)
During the Materiel Solution Analysis (MSA) phase, it is important to assess risks to achieve exit
criteria for which review? - ANS -*Alternative System Review (ASR)*
-System Functional Review (SFR)
-Preliminary Design Review (PDR)
-System Requirements Review (SRR)
Monte Carlo simulations use computational algorithms to simulate the behavior of various
systems in a nondeterministic manner. Why are these "nondeterministic" results important to
program schedule analysis? - ANS -Because the results show the average length of the tasks
needed to complete the program for the PM to use when building the schedule
-Because the results show a clear path to project completion for the program manager (PM) to
follow
-Because it means there is no way to tell which way is the correct way to run the program
-*Because there are one or more points in the simulation where a choice is made between
different paths, without any specific guidance on which one will be chosen*
Your program includes teams in six different locations. These teams need access to different
pieces of risk monitoring data in order to monitor, manage, and report risk. Which of the
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