Project Controls PC 10 Rev 03

Assumptions are forecasts about what may happen in the future, while constraints are limits on freedom of choice?

• True

• False

Do Assumptions need to be monitored and validated through the use of dedicated scheduled meetings?

• Depends on the size of the project

• Sometimes

• No

• Yes

The develop Project Charter Process has two outputs, one is the Project Charter and the other is?

• Risk Register

• Formal Change Request Process

• Lessons Learned

• Assumptions Log

• None of the options listed

Do Assumptions have a responsible person assigned specifically to each and if so why.

• Assumptions are logged once and never reviewed

• Assumptions are constantly validated by a responsible person

Time, Cost, Scope & Quality are often referred to as the?

• Triple Header

• Triple Assumption

• Triple Risk

• Triple Constraint

The main reason Risks are managed is to allow what to occur?

• Plan & Macro Manage

• Plan & Micro Manage

• Plan & Mitigate

• Plan & Process

Determining and Evaluating Risks is also referred to as?

• Possible & Issue

• Probability & Impact

• Issue & Effect

• All options Listed

Suppliers & Vendors would be categorised as what type of risk?

• External , Commercial Risk

• Management , Internal Risk

An External Risk to the project would be which option?

• Technology

• Legislation

• Sub Contractors

• All options Listed

Identifying Risks Process has various Outputs which option applies?

• Risk Register, Risk Report & Project Document Updates

• Project Charter, Scope of work, Business Case

• Business Case, Official Journal of the European Union, Benchmarking

• All options Listed