John works as a project manager for BlueWell Inc. He is determining which risks can affect the
project. Which of the following inputs of the identify risks process is useful in identifying risks
associated to the time allowances for the activities or projects as a whole, with a width of the range
indicating the degrees of risk?
A.
Activity duration estimates
B.
Activity cost estimates
C.
Risk management plan
D.
Schedule management plan
Explanation:
The activity duration estimates review is valuable in identifying risks associated to the time
allowances for the activities or projects as a whole, with a width of the range indicating the
degrees of risk.
Answer B is incorrect. The activity cost estimates review is valuable in identifying risks as it
provides a quantitative assessment of the expected cost to complete scheduled activities and is
expressed as a range, with a width of the range indicating the degrees of risk.
Answer D is incorrect. It describes how the schedule contingencies will be reported and
assessed.
Answer C is incorrect. A Risk management plan is a document arranged by a project manager to
estimate the effectiveness, predict risks, and build response plans to mitigate them. It also
consists of the risk assessment matrix.