Risk responsibility in project environment

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Reference no: EM1340361

1) Which of the following is an example of an external risk?

a. Poor staff assignments

b. Incorrect cost estimates

c. Inflation

d. Contract type

2) Critical Path can be best described as:

a. Activities to be completed without delay to finish the project on schedule

b. The longest path in the project schedule

c. Activities without any slack

d. All of the above are correct

3) Risk responsibility in the project environment can best be described as:

a. Risks are the responsibility of the project team

b. Risks are the responsibility of the Project manager

c. Risks are the responsibility of all people involved with the project

d. Risks are the responsibility of the customer.

4) The term "fast-tracking" refers to:

a. It is a process that requires project manager to consider additional risks.

b. The process of rearranging the project network so that tasks are performed concurrently instead of sequentially

c. All of the above are correct

d. All of the above are not correct

Reference no: EM1340361

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