NPTEL Project Management for Managers Week 5 Assignment Answers 2024
1. Risk management is the _________ of , ___________, and ___________ to risk factors throughout the life of a project.
- Science, identifying, analyzing, responding
- Science, planning, risking, responding
- Science, risking, planning, responding
- Art, science, planning, risking
Answer :- For Answers Click Here
2. Which one of the following is phase 3 of the Total Project Life Cycle?
- Concept conceived
- Development
- Termination
- Implementation
Answer :- For Answers Click Here
3. “Raw materials from abroad” falls under which category of risk in the Risk Management Assessment Matrix?
- Low-Low
- High-High
- Stable
- Zero
Answer :- For Answers Click Here
4. If the probability of failure for a project is very high (>0.9) then what is the complexity of the project?
- Simple design
- Moderate increase
- Extremely complex
- A minor increase in complexity
Answer :-
5. What is the full form of PRAM?
- Project Record Analysis and Management
- Project Risk Accreditation and Management
- Project Risk Analysis and Management
- Project Risk Assessment and Management
Answer :-
6. Which one is the estimate phase of the Risk Assessment Phase?
- The impact of risk and solution proposed
- Sources of risk and their responses prioritize risk
- Whether project origination or client risk
- Respond to any variance of this plan
Answer :- For Answers Click Here
7. Risk arising from the unique uncertainties of individual securities is known as
- Systematic risk
- Unsystematic risk
- Market risk
- Total risk
Answer :-
8. Variability in the rate of return is known as
- Return
- Risk
- Interest
- Volatility
Answer :-
9. Which of the following measures are used by a risk-averse person to minimize risk?
A. Diversification of resources
B. Insurance of risk event
C. Total cost of resources
D. Value of information of risk event
- a, b and c only
- a, b and d only
- b, c, and d only
- a, c, and d only
Answer :-
10. Which of the following do not fall under the category of systematic risk?
- Market risk
- Interest rate risk
- Purchasing power risk
- Financial risk
Answer :- For Answers Click Here
