PMT 0170 Risk Management ACTUAL EXAM
2025 TEST COMPREHENSIVE QUESTIONS
AND VERIFIED ANSWERS (DETAILED &
ELABORATED) 100% SOLVED 2025!!
Which of the following are typical sources of framing assumptions (FAs)? (Select three
that apply.) - Answer--*Technological and engineering challenges*
-*Interdependencies with other programs*
-New acquisition regulations
-*Cost, schedule, and requirements tradeoffs*
Which of the following are Management Level responsibilities during the risk
management (RM) process? (Select two that apply.) - Answer--*Approve risk closure for
IPT-level risks and notify the program RMB for closure.*
-Leads the development of and approve the mitigations plan and options.
-*Reviews risks affecting and owned by multiple IPTs.*
-Brief the risk mitigation plan to the program or IPT Risk Management Board (RMB) for
approval.
You are managing the implementation of an aircraft for the Marines that was originally
designed for and implemented by the Navy. What type of analysis would help you
identify potential risks to your program? - Answer--Process Risk Analysis
-*Lessons learned* (I THINK THIS IS RIGHT)
-Crawford Slip Method
-Quantified Schedule Risk Analysis (WRONG ANSWER)
What is a good method for using risk identification tools to identify risks? - Answer--
Include a program-level method and a project-level method.
-*Combine a top-level method with a lower-level method.*
-Employ methods that combine historical data with current program data.
-Select methods that combine team participation with historical data.
Which of the following are ways to create a good operating relationship between the
government and the contractor? (Select two that apply.) - Answer--*Conduct an initial
meeting with the contractor to describe the program's objectives and the approach to
managing risk.*
-Request that the contractor describe their approach to managing risk in former
contracts.
-*Using a common Risk Management (RM) database.*
-Assign a role to oversee risk management (RM) at the contractor level.
, Which of the following is an objective of risk process planning? - Answer--*Ensures
sound risk management (RM) principles, tools, and techniques are applied to the RM
program*
-Identifies the plan for testing the Integrated Product Team (IPT) members in RM
techniques
-Answers why you must execute the risk management (RM) process
-Outlines the risk management (RM) organization to the customer
A Monte Carlo simulation has indicated a 45% chance that the prototype development
tasks of a new high-tech Navy diver's helmet will result in a 4-month delay to the
program schedule. Based on the likelihood and consequence table, which of the
following represents the appropriate location on the risk matrix?
Level Probability of Schedule Impact Cost Impact
Occurrence
1 >1% to ≤20% Minimal or no schedule <$20,000
impact ( <5 days)
2 >20% to ≤40% Able to meet key $20,000 - <$100,000
dates (1 - 4 weeks)
3 >40% to ≤60% Minor schedule slip, able $100,000-<$150,000
to meet key milestones
(≥4 weeks - 3 months)
4 >40% to ≤60% Significantly impacts ability $150,000-<$200,000
to meet key milestones
(≥3 months - 4 months)
5 >80% to ≤99% Schedule slip requires major ≥$200,000
schedule rebaselining (>4 months) - Answer--L = 4; C = 4
-*L = 3; C = 4*
-L = 4; C = 3
-L = 2; C = 3
Your program is planning to visit a cooperating country to participate in an information-
sharing event with military counterparts. While it would be desirable to meet face to
face, it is not necessary. The host government is strategically allied with the U.S.;
however, popular opposition to U.S. policies has been growing in strength and has
turned to increasingly violent demonstrations on the streets. Which risk mitigation
technique should you choose for this security risk? - Answer--Transfer
-*Avoidance*
-Acceptance
-Control
Which of the following is a good example of a framing assumption (FA)? - Answer--
Legal, diplomatic, or political issues will not delay or prevent site selection or fielding
schedule.
-The schedule buffer can account for any schedule delays.
2025 TEST COMPREHENSIVE QUESTIONS
AND VERIFIED ANSWERS (DETAILED &
ELABORATED) 100% SOLVED 2025!!
Which of the following are typical sources of framing assumptions (FAs)? (Select three
that apply.) - Answer--*Technological and engineering challenges*
-*Interdependencies with other programs*
-New acquisition regulations
-*Cost, schedule, and requirements tradeoffs*
Which of the following are Management Level responsibilities during the risk
management (RM) process? (Select two that apply.) - Answer--*Approve risk closure for
IPT-level risks and notify the program RMB for closure.*
-Leads the development of and approve the mitigations plan and options.
-*Reviews risks affecting and owned by multiple IPTs.*
-Brief the risk mitigation plan to the program or IPT Risk Management Board (RMB) for
approval.
You are managing the implementation of an aircraft for the Marines that was originally
designed for and implemented by the Navy. What type of analysis would help you
identify potential risks to your program? - Answer--Process Risk Analysis
-*Lessons learned* (I THINK THIS IS RIGHT)
-Crawford Slip Method
-Quantified Schedule Risk Analysis (WRONG ANSWER)
What is a good method for using risk identification tools to identify risks? - Answer--
Include a program-level method and a project-level method.
-*Combine a top-level method with a lower-level method.*
-Employ methods that combine historical data with current program data.
-Select methods that combine team participation with historical data.
Which of the following are ways to create a good operating relationship between the
government and the contractor? (Select two that apply.) - Answer--*Conduct an initial
meeting with the contractor to describe the program's objectives and the approach to
managing risk.*
-Request that the contractor describe their approach to managing risk in former
contracts.
-*Using a common Risk Management (RM) database.*
-Assign a role to oversee risk management (RM) at the contractor level.
, Which of the following is an objective of risk process planning? - Answer--*Ensures
sound risk management (RM) principles, tools, and techniques are applied to the RM
program*
-Identifies the plan for testing the Integrated Product Team (IPT) members in RM
techniques
-Answers why you must execute the risk management (RM) process
-Outlines the risk management (RM) organization to the customer
A Monte Carlo simulation has indicated a 45% chance that the prototype development
tasks of a new high-tech Navy diver's helmet will result in a 4-month delay to the
program schedule. Based on the likelihood and consequence table, which of the
following represents the appropriate location on the risk matrix?
Level Probability of Schedule Impact Cost Impact
Occurrence
1 >1% to ≤20% Minimal or no schedule <$20,000
impact ( <5 days)
2 >20% to ≤40% Able to meet key $20,000 - <$100,000
dates (1 - 4 weeks)
3 >40% to ≤60% Minor schedule slip, able $100,000-<$150,000
to meet key milestones
(≥4 weeks - 3 months)
4 >40% to ≤60% Significantly impacts ability $150,000-<$200,000
to meet key milestones
(≥3 months - 4 months)
5 >80% to ≤99% Schedule slip requires major ≥$200,000
schedule rebaselining (>4 months) - Answer--L = 4; C = 4
-*L = 3; C = 4*
-L = 4; C = 3
-L = 2; C = 3
Your program is planning to visit a cooperating country to participate in an information-
sharing event with military counterparts. While it would be desirable to meet face to
face, it is not necessary. The host government is strategically allied with the U.S.;
however, popular opposition to U.S. policies has been growing in strength and has
turned to increasingly violent demonstrations on the streets. Which risk mitigation
technique should you choose for this security risk? - Answer--Transfer
-*Avoidance*
-Acceptance
-Control
Which of the following is a good example of a framing assumption (FA)? - Answer--
Legal, diplomatic, or political issues will not delay or prevent site selection or fielding
schedule.
-The schedule buffer can account for any schedule delays.
