PMT 0170 RISK MANAGEMENT EXAM
QUESTIONS WITH CORRECT
ANSWERS
Which of the following is the difference between a risk and an issue? 2.1 - Answer- A
risk is the potential of occurring; an issue has occurred or is certain to occur.
You are managing a program for the U.S. Navy to develop a new diving helmet with
enhanced visualization capabilities. The materials engineers inform you that there is a
5% chance that condensation from breathing may cause the screen to become
unreadable, but that an anti-fogging film may be used if that issue arises during testing.
Which risk mitigation techniques should you choose? (Select two that apply.) 11.1 -
Answer- Control
Acceptance
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 following risk monitoring tools would be most appropriate? 12.1 - Answer-
Risk Management (RM) information systems
Your large program team is spread across 1,000 miles and two time zones. Which
method would be beneficial for collecting a large amount of risk-related data in a short
time? 7.1 - Answer- Crawford Slip Method
Which of the following are Management Level responsibilities during the risk
management (RM) process? (Select two that apply.) 6.5 - Answer- Approve risk closure
for IPT-level risks and notify the program RMB for closure.
Reviews risks affecting and owned by multiple IPTs.
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? 6.2 - Answer- Risk Management Board (RMB)
The following describes which source of potential risk: The software programming team
is supposed to begin work in two weeks. The office housing this team must be set up
with furniture and computers installed by the time the team arrives. The computers are
on order and have not yet arrived. Furniture is being sought at an exes property
warehouse, but it is not certain that the sufficient furniture will be available. 8.1 -
Answer- External
QUESTIONS WITH CORRECT
ANSWERS
Which of the following is the difference between a risk and an issue? 2.1 - Answer- A
risk is the potential of occurring; an issue has occurred or is certain to occur.
You are managing a program for the U.S. Navy to develop a new diving helmet with
enhanced visualization capabilities. The materials engineers inform you that there is a
5% chance that condensation from breathing may cause the screen to become
unreadable, but that an anti-fogging film may be used if that issue arises during testing.
Which risk mitigation techniques should you choose? (Select two that apply.) 11.1 -
Answer- Control
Acceptance
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 following risk monitoring tools would be most appropriate? 12.1 - Answer-
Risk Management (RM) information systems
Your large program team is spread across 1,000 miles and two time zones. Which
method would be beneficial for collecting a large amount of risk-related data in a short
time? 7.1 - Answer- Crawford Slip Method
Which of the following are Management Level responsibilities during the risk
management (RM) process? (Select two that apply.) 6.5 - Answer- Approve risk closure
for IPT-level risks and notify the program RMB for closure.
Reviews risks affecting and owned by multiple IPTs.
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? 6.2 - Answer- Risk Management Board (RMB)
The following describes which source of potential risk: The software programming team
is supposed to begin work in two weeks. The office housing this team must be set up
with furniture and computers installed by the time the team arrives. The computers are
on order and have not yet arrived. Furniture is being sought at an exes property
warehouse, but it is not certain that the sufficient furniture will be available. 8.1 -
Answer- External
