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NEW QUESTION: 1
Which of the following statements about Microsoft Dynamics CRM 2011 opportunities is true?
A. A Price List is required to add products to an opportunity.
B. All quotes related to an opportunity must be in the same currency.
C. The Pipeline Phase field is mandatory.
D. Opportunities can be created for leads.
Answer: A
Explanation:
A) An oppertunity can be created by converting a lead B)

NEW QUESTION: 2
You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?
A. Mitigation
B. Acceptance
C. Sharing
D. Transference
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Answer option C is correct.
Teaming agreements are often used in the sharing risk response through joint ventures to realize an opportunity that an organization would not be able to seize otherwise.
Sharing response is where two or more entities share a positive risk. Risk sharing deals with sharing of responsibility and accountability with others to facilitate the team with the best chance of seizing the opportunity. Teaming agreements are good example of sharing the reward that comes from the risk of the opportunity.
Answer option A is incorrect. Mitigation is a negative risk response to lower the probability and/or impact of a risk event.
Answer option B is incorrect. Transference is a negative risk response where the project manager hires a third party to own the risk event. The risk ownership is transferred to the third party.
Answer option D is incorrect. Acceptance is a risk response that is appropriate for positive or negative risk events. It does not pursue the risk, but documents the event and allows the risk to happen. Often acceptance is used for low probability and low impact risk events.
Reference: "Project Management Body of Knowledge (PMBOK Guide)"
Chapter: Quality and Risk Management
Objective: Risk Modeling and Response

NEW QUESTION: 3
There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to the perform quantitative risk analysis process?
A. Cost management plan
B. Risk register
C. Enterprise environmental factors
D. Risk management plan
Answer: C