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CLM 017 Risk Management Exam Prep Questions And 100% Correct Answers.

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  • Course
  • PMT 0170 RISK MANAGEMENT
  • Institution
  • PMT 0170 RISK MANAGEMENT

What would be the appropriate corrective action for the following issue: A major water leak has permanently damaged 45% of the servers used to control the cloud-based network infrastructure. This has been designated a high issue. - Answer · Control The following describes which type of categ...

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  • October 11, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PMT 0170 RISK MANAGEMENT
  • PMT 0170 RISK MANAGEMENT
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CLM 017 Risk Management Exam Prep
Questions And 100% Correct Answers.
What would be the appropriate corrective action for the following issue: A major water leak has
permanently damaged 45% of the servers used to control the cloud-based network infrastructure. This
has been designated a high issue. - Answer · Control



The following describes which type of category of risk: Two legacy software systems must be combined
into one system in order to operate a new piece of hardware. Programmers must find a way to ensure
that old data records in each system are still editable. If not, the hardware will not operate correctly. -
Answer · Technical



You are managing a base realignment program to consolidate four bases, while expanding/modernizing
the? surviving? base. As part of that program, there is a requirement to reduce water run-off by 25%
from both bases. You have heard from a colleague about a new water-permeable concrete that allows
water infiltration at a rapid rate and lasts for up to 10 years. Is this a risk or an opportunity? - Answer
Opportunity



A shortage of steel has caused a delay in one of the tasks until I the material is available. The original
plan estimated the material to be available in 6 weeks, but the shortage continues. What would be an
appropriate step to tracking and managing this issue? - Answer · Adjust the corrective action plan and
issue level as warranted.



Who may write the Program Risk Process (PRP) Document? - Answer · The program manager (PM) or a
dedicated risk manager



Which of the following is the difference between a risk and an issue? - Answer A risk is the potential of
occurring; an issue has occurred or is certain to occur.



How many framing assumptions (FAs) should the typical program have? - Answer · About 3-5



During Technology Maturation and Risk Reduction (TMRR), the goal is to primarily reduce which types of
risk? (Select all that apply.) - Answer · Integration

, · Technology

· Engineering



You have contracted a university research team to create a new optic lens as a part of your programs
satellite system. Your group has never worked with this team before, and has included a new potential
risk stemming from their development and testing procedures. What type of analysis could you use to
identify and reduce specific risks from their processes? - Answer · Process Risk Analysis



Which of the following is a step of the Department of Defense (DoD) Risk Management Process? -
Answer · Mitigation



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? - Answer · Risk management (RM) information system



Within a program, which of the following entities is responsible for overseeing the management of risks,
opportunities, and issues? - Answer · Program manager (PM)



Your program is developing a piece of equipment that requires a seismograph to identify and track low
ground vibrations within a specific range. You need to understand how well the design and
manufacturing process will be able to meet the performance goals. Which tool will provide that
information? - Answer · Performance risk analysis (PRA)



You are managing a program for the U.S. Navy to develop a new diving helmet with enhanced
visualization capabilities. The materials engineers inform you that there is a 5% chance that
condensation from breathing may cause the screen to become unreadable, but that an anti-fogging film
may be used if that issue arises during testing. Which risk mitigation technique should you choose? -
Answer · Control



During the Materiel Solution Analysis (MSA) phase, proactive activities to prevent technical risks focus on
which of the following? - Answer · Developing requirements



Which of the following is a critical success factor to ensure effective risk management (RM)? Program -
Answer · Risk Process (PRP) Document

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