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MEQPRIMA Advisory Services

Speed, Process/ Quality Improvement and Cost Savings with E-Governance Approach


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Sample Test - Risk Management

This is sample only. The actual test papers contain mix of Acronyms, True/ False, Fill-in-blanks, Multiple-Choice and Short Answers. They are about 75% theory-based and 25% experience-based.

Click mouse-over your choice for correct (Green) answer.

Question\ Choice

A 

B

C

D

Expected loss does not take into account

Probability of failure 

Original value of the project

Potential Loss if the failure occurs

 

A simulation method used for scheduling is

Monte Carlo 

Delphi

Error Injection

 

Uncertainty is at its maximum during commencement of a project  

False 

True

 

 

A risk response for eliminating threat is   

Transfer

Mitigation

Avoidance

Minimization

 

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Last modified: December 26, 2006