DİPLOMATİK YAZIŞMA VE PROTOKOL - Deneme Sınavı - 8

Simulations - The aim of the simulation study is to simulate a system. Thus, you measure how the system reacts under various conditions. By modeling the project, the impact of risks on targets can be analyzed. The most commonly used modeling example is Monte Carlo Simulation.

Mitigation includes reducing the likelihood of the risk occurring or the effect of damage. For example, having the
tests performed by two different end-users to prevent errors in a software project increases the likelihood that one tester will catch the error missed by another. Another example: When agreeing with a supplier, selecting a supplier who has already worked with our company can reduce many risks.

EMV=(3/15)*60000 = 4000

Monitoring Risks is the process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project

Risk categorization includes technical, external (suppliers, legal, etc.), and internal (infrastructure, resources, etc.) risk groups. It identifies the areas that may affect the project the most and provides the right risk response plan. It is a Qualitative Risk Analysis tool.

Risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Overall project risk is the effect of uncertainty on the project as a whole, arising from all sources of uncertainty including individual risks, representing the exposure of stakeholders to the implications of variations in project outcome, both positive and negative. The answer is D.

Project risks are divided into two categories: negative and positive risks. Negative risks are threats, positive risks are called opportunities. Negative risks can harm project objectives while positive risks can benefit the project objectives. The answer is A.

In order to effectively monitor and control risks in a project, planning is necessary. Project risk management planning is the process of determining how risk management activities are carried out in the project. It provides a basis for assessing project risks and guides you to allocate the necessary resources and time. The answer is C.

Brainstorming - Brainstorming is to obtain a comprehensive list of individual project risks and sources of overall project risk. An efficient brainstorming session can help you to see the many risks associated with the project in a short time. For the success of the brainstorming sessions, people with different backgrounds, perspectives and expertise should be brought together. A brainstorming session will make it easier for you to set risk categories (techniques, processes, etc.) that you have previously set. The answer is E.

SWOT analysis - SWOT analysis is one of the data analysis methods used to identify and classify risks. SWOT expresses Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis can be done by brainstorming or interviews. SWOT analysis lists factors that have a definite impact on the project. The best way to perform SWOT analysis is to create a simple matrix for each of the four factors: Strength, Weaknesses, Opportunities, and Threats. The answer is E.

There are seven different tools and techniques that you can use to perform qualitative risk analysis. These are:

• Expert Judgement 

• Interviews

• Interpersonal and team skills 

• Meetings 

• Risk categorization 

• Risk data quality assessment

• Risk probability and impact assessment 

The answer is B.

Performing Quantitative Risk Analysis is the process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives. In the qualitative risk analysis process, project risks are evaluated according to their probability and possible effects. In the process of quantitative risk analysis, risks are analyzed using more objective methods. Thus, to what extent the risks may affect the project objectives is determined numerically. The answer is B.

Sensitivity analysis - Sensitivity analysis is an analysis technique used to determine which variables in a system affect the system more. By fixing other variables, the effect of a variable on the system is tested by changing the values. For each of the variables, you can determine which one has the greatest effect by repeating the process one by one. The answer is A.

Transferring risk: Transferring risk includes shifting the risks to the third party. The risk does not disappear. You transfer responsibility to a party outside the project. An example of this strategy is to delegate risky activities or work packages to a specialized supplier. The answer is C.

Two data analysis techniques are very important in the risk monitoring process: technical performance analysis and reserve analysis. 

Technical performance analysis - Technical performance analysis focuses on productrelated risks such as scope, functionality, and quality. It compares actual and planned technical achievements. Success of technical performance analysis depends on the team that determines the performance parameters at the beginning of the project. It includes measurements of the product’s characteristics such as size, speed, or capacity. The answer is D.

Baseline plan

Man-hour is calculated as multiplying workforce by duration.

Tardiness means delay.

In order to define the size of an activity, man-hours should be predicted, not the duration of the activity.

Three important metrics can be used to define the size of a project: project completion time (PCT), budget, and workload.