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In Risk Management, the Risk Register contains a number of items. Risks and triggers are two of the items the Project Manager will reference from the risk register. In evaluating a Risk Trigger, which of the following is most accurate?

(a) A trigger is an indicator that a risk event will occur
(b) A trigger is the same as a risk.
(c) A trigger is an indicator that a risk event has occurred.
(d) A trigger is an indicator that a risk event could occur.

Buffer

Compensation in the planning for unknown items that could occur. This is typically schedule or cost related

All of the following would be good reasons to cancel a meeting except?

(a) The agenda wasn't published until right before the meeting.
(b) A key team member had to attend a different meeting.
(c) A Functional Manager wanted to meet with the Project Manager at the same time.(Correct)
(d) The topic partially changed and the presentation material wasn't complete yet.

Explanation:The Functional Manager wanting to meet with the Project Manager at the same time as an existing team meeting wouldn't be a good reason to cancel a meeting. The Project Manager should offer to schedule a meeting for a different time with the Functional Manager.

For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at www.c rosswind pm.com

Question of the Day

In Risk Management, the Risk Register contains a number of items. Risks and triggers are two of the items the Project Manager will reference from the risk register. In evaluating a Risk Trigger, which of the following is most accurate? (a) A trigger is an indicator that a risk event will occur (b) A trigger is the same as a risk. (c) A trigger is an indicator that a risk event has occurred. (d) A trigger is an indicator that a risk event could occur.

Terminology of the Day

Buffer Compensation in the planning for unknown items that could occur. This is typically schedule or cost related

Answer and Explanation to Yesterday's Question

All of the following would be good reasons to cancel a meeting except? (a) The agenda wasn't published until right before the meeting. (b) A key team member had to attend a different meeting. (c) A Functional Manager wanted to meet with the Project Manager at the same time.(Correct) (d) The topic partially changed and the presentation material wasn't complete yet. Explanation:The Functional Manager wanting to meet with the Project Manager at the same time as an existing team meeting wouldn't be a good reason to cancel a meeting. The Project Manager should offer to schedule a meeting for a different time with the Functional Manager. For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at www.c rosswind pm.com