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NEW QUESTION: 1
Wendy has identified a risk event in her project that has an impact of $75,000 and a 60 percent chance of happening. Through research, her project team learns that the risk impact can actually be reduced to just
$15,000 with only a ten percent chance of occurring. The proposed solution will cost $25,000. Wendy agrees to the $25,000 solution. What type of risk response is this?
A. Enhancing
B. Avoidance
C. Mitigation
D. Transference
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Risk mitigation implies a reduction in the probability and/or impact of an adverse risk event to be within acceptable threshold limits. Taking early actions to reduce the probability and/or impact of a risk occurring on the project is often more effective than trying to repair the damage after the risk has occurred.
Incorrect Answers:
B: Avoidance changes the project plan to avoid the risk altogether.
C: Transference requires shifting some or all of the negative impacts of a threat, along with the ownership of the response, to a third party. Transferring the risk simply gives another party the responsibility for its management-it does not eliminate it.
Transferring the liability for a risk is most effective in dealing with financial risk exposure. Risk transference nearly always involves payment of a risk premium to the party taking on the risk.
D: Enhancing is actually a positive risk response. This strategy is used to increase the probability and/or the positive impact of an opportunity. Identifying and maximizing the key drivers of these positive-impact risks may increase the probability of their occurrence.

NEW QUESTION: 2
DRAG DROP
You plan to deploy a new public-facing website on an Azure virtual machine (VM) by using the Azure Resource Manager (ARM). You have an existing cloud service and a storage account in the Azure subscription.
You need to create and deploy the VM.
Which five actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

NEW QUESTION: 3
A project manager begins a project to develop a network of walkways in a rural area. This is part of a government initiative to enhance pedestrian safety. The project team systematically gathers and analyzes information to measure and manage expectations during the protect Where should the project manager document their results?
A. Quality management plan
B. Stakeholder analysis
C. Resource management plan
D. Strengths, weaknesses, opportunities, and threats (SWOT) analysis
Answer: B

NEW QUESTION: 4
John works as a Network Administrator for Perfect Solutions Inc. The company has a Linux-based network. John is working as a root user on the Linux operating system. He wants to decompress a gZipped tarball. Which of the following commands will John use to accomplish this task?
A. tar -xvf
B. tar -zxvf
C. tar -cvf
D. tar -jzvf
Answer: B