Questions
Multiple choice
Which of the following statements are considered to be the steps in managing project risks: (select all that apply)
Options
A.Mitigation: Can we reduce the impact? How do we reduce the impact?
B.Allocation: Who on the project is best able to manage each risk, and how is this enforced?
C.Identification: What are they? Where are they?
D.Assessment: What is the impact on the project if they occur? What is the likelihood?
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Step-by-Step Analysis
To tackle the question, we first note that it asks for the steps in managing project risks and that it’s a select-all-that-apply item.
Option 1: Identification: What are they? Where are they? This is the foundational step, because you cannot manage what you haven’t found. Recognizing and documenting p......Login to view full explanationLog in for full answers
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