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PMT 4910 Advanced Certification Practice Exam

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Based on a simulation: 50% chance of three-week schedule delay; using the risk table, what is the correct Level and Schedule Impact?
Correct Answer:
L = 3; Schedule Impact 4
Explanation:
This item tests how a risk table translates probability of occurrence and the magnitude of a schedule effect into numeric risk ratings. A 50% chance sits in the middle for likelihood, and in the risk table this mid-range likelihood is assigned a Level 3. A three-week delay is a significant schedule hit, and on the schedule-impact scale this magnitude is typically rated high (often a 4). When these two inputs are entered into the risk table, they map to a risk level of 3 and a Schedule Impact of 4, which is why the correct result is Level 3 with Schedule Impact 4. This combination communicates a moderate overall risk with a substantial effect on the schedule, signaling that mitigation should address both reducing likelihood and limiting impact where possible.

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