Manage project risks

The activities you should do to manage project risk are (select all that apply):Group of answer choicesMonitor risks and when applicable mitigate, transfer, avoid, or accept risks.Plan your risk plan, then identify, quantify, analyse, develop plans, monitor and control.Some projects don’t have risks, so only make plans when absolutely necessary.Throw a bunch of money in a risk slush fund and use it as needed, then if it isn’t used, you can throw a fantastic party

Risk Management: Identifying potential risks and developing strategies to mitigate them. This helps in minimizing the impact of uncertainties on the project

What is the primary goal of risk response strategies in project management?Grupo de elecciones de respuestaAvoiding all risksManaging and mitigating risksIdentifying risksAccepting all risks

Risk Management entails all the processes involved in identifying, assessing, analyzing, responding and controlling project risk.Question 1Answera.yesb.agreec.nod.disagree

What should project managers maintain to keep track of risks in a project?Grupo de elecciones de respuestaRisk status reportRisk acceptance memoRisk assessment documentRisk avoidance plan