Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project.

She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely. What risk response has Holly used in this instance?

Options:

This is the avoidance risk response.

This is the transference risk response.

This is a scope change and not a risk response.

This is the risk mitigation response.

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Question 2

Fill in the blank with the appropriate term.

The______ defines the period in which, during the development of the project scope statement, a clear and very thorough project scope statement narrative is documented.

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Question 3

Jane works as a project manager for PassGuide Inc. Various projects are running under her administration. Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?

Options:

Holly's project is ahead of the schedule.

Holly's project is behind the schedule.

Holly's project has costs that are higher than planned.

Holly's project is right on target.

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GIAC Certified Project Manager Certification Practice Test Questions and Answers

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