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Click the below link to access the answer PROJ 595 Project Risk Management Week 8 Final Exam A+ Answer PROJ 595 Project Risk Management Week 8 Final Exam A+ Answer PROJ 595 Project Risk Management Week 8 Final Exam A+ Answer Question 1. (TCOs A and B) An EVM analysis employs which factors to evaluate risks? (Points : 5) Risk and impact Probability and urgency Impact and probability Decision trees and reliability of data Question 2. (TCO G) You have completed all design drawings and have a complete scope for your project. You need to hire a contractor to build the product to your designs. Which type of contract would be best in this situation? (Points : 5) FPEPA T&M CPIF FP Question 3. (TCO D) In which risk response strategy is the responsibility for the risk moved to a third party? (Points : 5) Transference and sharing Exploitation and avoidance

PROJ 595 Project Risk Management Week 8 Final Exam

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PROJ 595 Project Risk Management Week 8 Final Exam A+ Answer

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Click the below link to access the answerPROJ 595 Project Risk Management Week 8 Final Exam A+ AnswerPROJ 595 Project Risk Management Week 8 Final Exam A+ AnswerPROJ 595 Project Risk Management Week 8 Final Exam A+ AnswerQestion !" #$%Os A an& '( An E)M anal*sis em+lo*s w,ic, -actors to e.alate risks/ #Points 0 5(Risk an& im+actPro1a1ilit* an& rgenc*2m+act an& +ro1a1ilit*3ecision trees an& relia1ilit* o- &ataQestion 4" #$%O 5( 6o ,a.e com+lete& all &esign &rawings an& ,a.e a com+lete sco+e -or *or +roject" 6o nee& to ,ire a contractor to 1il& t,e +ro&ct to *or &esigns" W,ic, t*+e o- contract wol& 1e 1est in t,is sitation/ #Points 0 5(FPEPA$7M%P2FFPQestion 8" #$%O 3( 2n w,ic, risk res+onse strateg* is t,e res+onsi1ilit* -or t,e risk mo.e& to a t,ir& +art*/ #Points 0 5($rans-erence an& s,aringEx+loitation an& a.oi&anceAcce+tance an& en,ancementMitigation an& acti.e acce+tance9" #$%Os A an& '( 6o ,a.e 1een a++ointe& as a +roject manager -or a ,ig,:&ollar +roject -or a go.ernment agenc*; an& *o ,a.e 1een aske& 1* *or 1oss to i&enti-* t,e stake,ol&ergro+s an& t,e in&i.i&als w,o make + t,ose gro+s in or&er to start t,e stake,ol&er anal*sis" 2&enti-* at least six gro+s o- stake,ol&ers an& t,e in&i.i&als w,o com+rise t,ose gro+s; an& ex+lain w,en t,e stake,ol&er i&enti-ication +rocess s,ol& take +lace &ring t,e +lanning o- t,e +roject" #Points0 4