PMT 0170 Exam 2

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School

Defense Acquisition University *

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Course

PMT 0170

Subject

Industrial Engineering

Date

Dec 6, 2023

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pdf

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6

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PMT 0170 Exam 2 4.1 Which of the following is a critical success factor to ensure effective risk management? > Establishing priority risk categories clearly and completely outlining project requirements in the request for quotation managing team Communications to mitigate risk aligning government and contractor risk management 6.5 Which of the following is a responsibility of the management level during the Risk management process? (select two) >Reviews risks affecting and owned by multiple IPTs approve risk closure for IPT-level risks and notify the program risk management board for closure brief the risk mitigation plan to the program or IPT risk management board for approval > leads the development of and approve the mitigations plan and options 15.3 A moderate issue with staffing shortages on your program is being tracked. New developers were estimated to be on staff by March 8, but it appears that this deadline will not be reached. What is an appropriate action to monitor this issue? > update and review the issue regularly, and analyze potential changes to the issue level and potential Associated risks. ask the manager to enter the closing date and actual cost into the issue register when the new Personnel are on staff analyze the issue again to determine if the correct issue sources were identified review related projects to identify possible risks 6.2 Within a program, which of the following entities is responsible for overseeing the management of risks, opportunities, and issues? change management board > integrated product team program manager risk working group 7.1 Which of the following are lower level risk identification techniques? (select two that apply.)
expert interviews Trends >Decomposition >Five “whys” 5.1 Which of the following are attributes of a framing assumption in an acquisition program? (select two that apply) Urgent > program-specific > Generic No “work-arounds” 6.1 Which of the following is an objective of risk process planning? ensures sound risk management principles, tools, and techniques are applied to the RM program identifies the plan for testing the integrated product team members in RM technique outlines or risk management organization to the customer answers why you must execute the risk management process 14.2 Your program requirements call for contractors to use the same customized web development software that is used in all of the other programs within your division. However, one of your contractors demonstrated competing off the shelf software with more features that can produce the same quality of product and achieve the same required and product specifications while cutting development time in half and costs a tenth of the price. Is this a risk or an opportunity? Not enough information Risk >Opportunity Neither risk nor opportunity 3.1 Which of the following is a step of the DoD risk management process? Sourcing Tracking Registration > mitigation 16.1 During TMRR, The goal is to primarily reduce which types of risk. (select three that apply) Technology Engineering Integration
Logistics 6.4 Where are the likelihood and consequence parameters and thresholds documented? Department of Defense risk issue and opportunity management guide for defense acquisition programs the project management plan > the program risk process document the program management plan 8.1 The following describes which source of potential risk: the software programming team is supposed to Begin work in two weeks. The office housing this team must be set up with furniture and computers installed by the time the team arrives. The computers are on order and have not yet arrived. Furniture is being sought at an excess property Warehouse, but it is not certain that sufficient furniture will be available. Requirements Cost Logistics >External 15.1 Which stage of the issue management process is characterized by the following scenario: it has been observed that the battery used in the new portable doppler-base wind measuring system doesn't maintain a charge for long periods of time. After some study, it is determined that the issue has only a moderate effect on the program's success. >Issue analysis Issue planning Issue monitoring Issue identification 12.1 Your program includes teams in six different locations. These teams need access to different pieces of risk monitoring data in order to monitor, manage, and report risk. Which of the following risk monitoring tools would be most appropriate? technical performance measurements risk reporting Matrix waterfall effect > risk management information systems 14.1 What is the main difference between a risk and an opportunity? > risks have a negative consequence while opportunities have positive consequences
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