You work for a technology company that sells products worldwide. The Board is seriously concerned about several factors that could affect its profitability. How would you describe the risks that may occur to this company’s projects?

A new project to install new network infrastructure for a company is about to start. Currently, it is known that one of the equipment needed for the project is not available. How should the lack of equipment be considered?

During a bridge construction project, weather conditions different from those expected at the time of the project can affect the team’s productivity. How should this risk be classified?

A new government was recently sworn in. During the election campaign, the winning candidate made several commitments regarding reforms relating to environmental control. The project team for a water treatment plant is uncertain about how to proceed, as the new government’s policies may affect project planning. What are they worrying about?

Positive risks that have already occurred are called:

A project manager is managing a project to set up a farm for livestock. When seeking help from experienced producers, he is informed that this activity is associated with several risks and the project objectives may not be achieved. What’s the best action?

As the project manager knows the importance of risk management, he always puts the subject on the agenda of his weekly progress meetings and spends 10 minutes discussing the risks. Some of the team members complain that since none of the risks are happening in the At the moment, discussing risk management topics in these meetings is a waste of time. What should the project manager do?

A project manager is working at a new company and, speaking with some of the team members, sees the need to develop a register for the risks identified in the project. The project manager then remembers a spreadsheet containing a checklist developed by another company, which he used on a project he managed at this other company over 5 years ago. What should the project manager do?

A project manager is identifying risks for his project. He identified a risk of variability and a risk of ambiguity. Which of the following statements is not true regarding these risks?

A hybrid project received a government subsidy to run. What should the project manager do when he learns that the project already started may not meet the grant requirements?