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NEW QUESTION: 1
You are the project manager for a construction project. The project involves casting of a column in a very narrow space. Because of lack of space, casting it is highly dangerous. High technical skill will be required for casting that column. You decide to hire a local expert team for casting that column. Which of the following types of risk response are you following?
A. Mitigation
B. Transference
C. Acceptance
D. Avoidance
Answer: B
Explanation:
Explanation/Reference:
Explanation: According to the question, you are hiring a local expert team for casting the column. As you have transferred your risk to a third party, this is the transference risk response that you have adopted.
Transference is a strategy to mitigate negative risks or threats. In this strategy, consequences and the ownership of a risk is transferred to a third party. This strategy does not eliminate the risk but transfers responsibility of managing the risk to another party. Insurance is an example of transference. AnswerC is incorrect. Mitigation is a risk response planning technique associated with threats that seeks to reduce the probability of occurrence or impact of a risk to below an acceptable threshold. Risk mitigation involves taking early action to reduce the probability and impact of a risk occurring on the project. Adopting less complex processes, conducting more tests, or choosing a more stable supplier are examples of mitigation actions. Answer A is incorrect. Avoidance involves changing the project management plan to eliminate the threat entirely. Answer: B is incorrect. Acceptance response is a part of Risk Response planning process.
Acceptance response delineates that the project plan will not be changed to deal with the risk.
Management may develop a contingency plan if the risk does occur. Acceptance response to a risk event is a strategy that can be used for risks that pose either threats or opportunities. Acceptance response can be of two types: Passive acceptance: It is a strategy in which no plans are made to try or avoid or mitigate the risk. Active acceptance: Such responses include developing contingency reserves to deal with risks, in case they occur. Acceptance is the only response for both threats and opportunities.
NEW QUESTION: 2
During a backlog refinement meeting, a senior team member raises a concern about an epic sizing that requires the use of a new interface for a vendor product. The product owner acknowledges this as a risk.
What should the product owner do now?
A. Move the work to the vendor, since they have better knowledge of interface implementation.
B. Create a spike story to determine what needs to be done to use the new interface.
C. Log the risk in the risk register, and share the information with impacted stakeholders at the next monthly review meeting.
D. Lower the epic's priority so that it can be deferred, and analyze it during backlog refinement meetings.
Answer: B
NEW QUESTION: 3
In a collapsed core design, which three benefits are provided by a second-generation Cisco MDS director? (Choose three.)
A. 100 percent port efficiency
B. a higher fan-out ratio
C. all ISLs contained within a single chassis
D. higher latency and throughput than a core-edge design switch
E. fully redundant switches
Answer: A,C,E
NEW QUESTION: 4
Which two statements are true about VLANs and port groups defined on a vSphere Standard Switch? (Choose two.)
A. VLANs can be configured only on individual port groups.
B. Multiple VLANs can be accessed by virtual machines connected to one port group.
C. A VLAN can be accessed by the entire virtual switch or individual port groups.
D. Multiple port groups are restricted from accessing the same VLAN.
Answer: B,C
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