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NEW QUESTION: 1
You are the project manager for your organization. You are preparing for the quantitative risk analysis. Mark, a project team member, wants to know why you need to do quantitative risk analysis when you just completed qualitative risk analysis. Which one of the following statements best defines what quantitative risk analysis is?
A. Quantitative risk analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.
B. Quantitative risk analysis is the planning and quantification of risk responses based on probability and impact of each risk event.
C. Quantitative risk analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.
D. Quantitative risk analysis is the review of the risk events with the high probability and the highest impact on the project objectives.
Answer: A
Explanation:
Quantitative risk analysis is the process of numerically analyzing the effect of identified risks on overall project objectives. It is performed on risk that have been prioritized through the qualitative risk analysis process. Answer A is incorrect. This is actually the definition of qualitative risk analysis. Answer B is incorrect. While somewhat true, this statement does not completely define the quantitative risk analysis process. Answer C is incorrect. This is not a valid statement about the quantitative risk analysis process. Risk response planning is a separate project management process.

NEW QUESTION: 2
A marketer has been tasked with ensuring Northern Trail Outfitters' unsubscribe mechanisms are CAN-SPAM compliant and follow industry best practices.
Which two criteria should the marketer incorporate into campaigns to ensure compliance and align with current best practices?
Choose 2 answers
A. Ensure opt-out mechanisms are operational for at least 30 days post-send.
B. Process every individual's unsubscribe request within 14 business days.
C. Include an unsubscribe link in the header or footer of emails.
D. Ask the subscriber to log in to the Preference Center to confirm opt-out.
Answer: C,D

NEW QUESTION: 3
What customer value is delivered with holistic inventory visibility?
A. Incorporating customer sentiment into the order process.
B. Reducing supply chain costs.
C. Fulfilling orders via inventory in-transit.
D. Providing only the best quality products.
Answer: C
Explanation:
* IBMSterling Global Inventory Visibilitybenefits: Improve inventory utilization across the supply chain Improve product availability Avoid transit expediting costs
Note:The Sterling Global Inventory Visibilityapplication coordinates global inventory across multiple sites, enterprises and participants. Managers can track inventory at internal and externalship nodes. It provides a real-time availability picture by synchronizing multiple demand (schedules, plans, quotes, orders, etc.) and supply types (on-hand, inbound, on purchase, scheduled, etc.). It identifies shortages and allows inventory planners to resolve problems by manipulating inventory balances, through allocation of sales orders, execution of purchases or movement of inventory. Data can be shared with external systems, customers, suppliers, and partners for demand and supply management. It provides the global visibility, ATP/ATD, reservations and tracking for an extended enterprise environment.
Decrease stock-outs.

NEW QUESTION: 4
You are a risk auditor for your company. You are reviewing the contract types a project manager has used in her project. Of the following, which contract type has the most risk for the project manager as a buyer?
A. Time and material
B. Fixed-price, incentive fee
C. Cost plus incentive fee
D. Cost plus percentage of costs
Answer: D