Instructions
Please read carefully. Failure to follow these instructions could result in loss of points or failure. Failure to comply with item 3 will result in dismissal from the program:
This is an examination. It presents the candidate with four, typical project risks. For each risk, the candidate is to respond to four questions. All four questions, together comprise the candidate’s response. Each risk response is worth a total of twenty-five (25) points.
The answers require application of program material. You must show the ability to apply knowledge in order to pass. You may refer to textbooks and the PMBOK Guide 5th
This examination must be an individual Any evidence of collusion (working together), or plagiarism (copying wording, sources, structure; declaring someone else’s work as your own) will result in dismissal from the program and no possibility of a degree!
Your answers must provide a customization of the PMBOK inputs, tools and techniques, and outputs as applied to the appropriate knowledge areas and process groups. Provide reference to PMBOK 5.
Include a list of references for each questions, including page number. The reference list must be in APA format.
Your document must include your name at the top of each page. Please name your file: yourname_Spring17CompExamResponse (replace the highlighted term with your first and last name). Please include your name and Spring Comp Exam Response in the subject line of the email to which you attach your document.
Download this document, and type your responses to the questions in this document. Tables expand to fit the need.
Examination begins here.
RISK 1: Project team misunderstands the requirements.
Which knowledge areas would be affected due to this risk occurring? Why? Which knowledge areas may have been involved to cause this risk to occur and how?
If this risk had not been identified during planning, when do you think it would most likely have occurred? When during the execution process (beginning, middle, end) would it most likely be detected? How would you go about estimating the impact and its costs if the risk goes undetected until that point?
If you had identified this risk during planning, what strategy or strategies would you put in place for handling the risk and why? At what point would you implement the strategy or strategies? What specific response(s) would you have chosen to handle this risk?
What is the impact if the risk occurs and there is no response planned?
RISK 2: Scope creep inflates the scope of the project.
Which knowledge areas would be affected due to this risk occurring? Why? Which knowledge areas may have been involved to cause this risk to occur and how?
If this risk had not been identified during planning, when do you think it would most likely have occurred? When during the execution process (beginning, middle, end) would it most likely be detected? How would you go about estimating the impact and its costs if the risk goes undetected until that point?
If you had identified this risk during planning, what strategy or strategies would you put in place for handling the risk and why? At what point would you implement the strategy or strategies? What specific response(s) would you have chosen to handle this risk?
What would you add or change if the risk included the intentional addition of features or functions (gold plating)?
RISK 3: The project needs to acquire new skills, current unavailable in the company, to complete the project.
Which knowledge areas would be affected due to this risk occurring? Why? Which knowledge areas may have been involved to cause this risk to occur and how?
If this risk had not been identified during planning, when do you think it would most likely have occurred? When during the execution process (beginning, middle, end) would it most likely be detected? How would you go about estimating the impact and its costs if the risk goes undetected until that point?
If you had identified this risk during planning, what strategy or strategies would you put in place for handling the risk and why? At what point would you implement the strategy or strategies? What specific response(s) would you have chosen to handle this risk?
Explain how this risk might be elevated to an organization risk, rather than a project risk.
RISK 4: Project team exhibits sloppy work habits.
Which knowledge areas would be affected due to this risk occurring? Why? Which knowledge areas may have been involved to cause this risk to occur and how?
If this risk had not been identified during planning, when do you think it would most likely have occurred? When during the execution process (beginning, middle, end) would it most likely be detected? How would you go about estimating the impact and its costs if the risk goes undetected until that point?
If you had identified this risk during planning, what strategy or strategies would you put in place for handling the risk and why? At what point would you implement the strategy or strategies? What specific response(s) would you have chosen to handle this risk?
What kind of training program should the company put in place to lessen the probability of occurrence of this risk?
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