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Exam Code: 102-500

Exam Name: LPIC-1 Exam 102, Part 2 of 2, version 5.0

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
when a user is using a update function module for updating the database and has realized that all the previous work should be undone to get back database to previous sate..
A. ROLLBACK
B. exit
C. message E type.
Answer: A

NEW QUESTION: 2
Managing risk is key to the success of any initiative. Risk is considered to be inherent in any activity we do in project management and at any level. Risk is part of project, program and portfolio management and has a different exposure in each and every one. When it comes to Managing portfolio risks, a risk owner, along with the portfolio manager, should select the strategy or mix of strategies most likely to be effective. Which of the following may be the responsibility of a risk owner when it comes to managing risks?
A. Develop contingency plans and identify the conditions which trigger their execution
B. Select primary and alternative strategies
C. All of the options
D. Make decisions to choose the most appropriate response strategy or mix of strategies and develop specific actions to implement those decisions
Answer: C
Explanation:
Explanation
Several risk response strategies can be considered for each risk. The portfolio manager, along with the risk owner, should select the strategy or mix of strategies most likely to be effective. The risk owner should make decisions to choose the most appropriate response strategy or mix of strategies and develop specific actions to implement those decisions. The risk owner may select primary and alternative strategies. The risk owner may develop contingency plans and identify the conditions which trigger their execution. Often a contingency reserve is allocated for time or cost. Finally, the risk owner may develop a fallback plan for execution if the selected strategy is not sufficiently effective

NEW QUESTION: 3
You are a project manager for your organization and you're working with four of your key stakeholders.
One of the stakeholders is confused as to why you're not discussing the current problem in the project during the risk identification meeting. Which one of the following statements best addresses when a project risk actually happens?
A. Project risks are uncertain as to when they will happen.
B. Risk triggers are warning signs of when the risks will happen.
C. Risks can happen at any time in the project.
D. Project risks are always in the future.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
According to the PMBOK, a project risk is always in the future. If the risk event has already happened, then it is an issue, not a risk.
Incorrect Answers:
A: You can identify risks before they occur and not after their occurrence.
B: Risks can only happen in the future.
D: Triggers are warning signs and conditions of risk events, but this answer isn't the best choice for this question.

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