NPTEL Project Management for Managers Week 5 Assignment Answers 2024

Sanket
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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
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3. “Raw materials from abroad” falls under which category of risk in the Risk Management Assessment Matrix?

  • Low-Low
  • High-High
  • Stable
  • Zero
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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
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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
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