All of these are components of a work flow diagram called the SIPOC model except:

a. customer

b. process

c. input

d. support

Hardware and software for computers are complements. Discuss the effects on the equilibrium price and quantity

a. In the software market, when the price of computer hardware falls.

b. In the hardware market, when the price of computer software rises.

Risks that have been identified and may or may not happen are referred to as known unknowns, and a should be established to cover them if they are triggered.

a. contingency reserve

b. management reserve

c. funding reserve

d. risk buffer

The Risk Management Plan describes the methodology, roles and responsibilities, budgeting, timing, and risk categories for potential causes of risk. These risk categories can be structured into a hierarchical representation called $\mathrm{a}(\mathrm{n})$ :

a. organizational breakdown structure (OBS)

b. risk breakdown structure (RBS)

c. work breakdown structure (WBS)

d. threats breakdown structure (TBS)

During quality management planning, the project manager and team determine what will be measured during the Control Quality process. Project or product attributes such as on-time performance, defect frequency, and costs versus budget are known as

a. quality metrics

b. quality thresholds

c. quality tolerances

d. quality boundaries

An analytical technique used to determine the basic underlying source of a variance, a defect, or a risk is called __________ .

a. qualitative risk analysis

b. Monte Carlo analysis

c. SWOT analysis

d. root cause analysis

Avoid risk, mitigate risk, accept risk, and __________ are all strategies for responding to negative risks, also known as threats.

a. enhance risk

b. prevent risk

c. transfer risk

d. share risk

While all projects use __________ risk analysis, $\quad$ risk analysis __________ is used only when it is needed and there is sufficient data to develop appropriate models.

a. quantitative, qualitative

b. quantitative, opportunity

c. opportunity, qualitative

d. qualitative, quantitative

A team's attempt to list, on individual sticky notes, all of the possible threats and opportunities that could occur to an upcoming project might be used during the __________ process.

a. plan risk responses

b. perform qualitative risk analysis

c. identify risks

d. perform quantitative risk analysis

The __________ is a living document in which the results of risk analysis and risk response planning are recorded.

a. root cause analysis

b. risk register

c. risk management plan

d. cause-and-effect diagram

According to the PMBOK, which of the following is not a quality management process?

a. Plan Quality Management

b. Monitor Quality

c. Perform Quality Assurance

d. Control Quality

Once the project management plan is complete and accepted by the stakeholders, the approved plan is

a. reviewed

b. baselined

c. followed

d. documented

The "process that establishes the policies, procedures, and documentation for planning, managing, expending, and controlling project costs" is referred to as:

a. determine budget

b. estimate costs

c. plan cost management

d. control costs

Name the two pillars of the Toyota production system.