As a project manager you are practicing risk management. You have already defined potential risks, determined their likelihood and potential impact. Now, you prioritize the risks. This represents which risk management step?1 pointEvaluate risksIdentify risksMonitor and control risksAnalyze risks

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

Fill in the blank: Risk management is the process of _____.1 pointidentifying and evaluating potential risks and issues that could impact a projectidentifying and initiating projects that have a low potential for riskidentifying and avoiding projects that have a high potential for riskidentifying and mitigating risks and issues that are already impacting a project4.Question 4

During which phase of the risk management life cycle do you use the information you have gained about the likelihood and potential impact of risks to prioritize risks?1 pointMonitor and control the risk. Treat the risk. Analyze the risk. Identify the risk. Evaluate the risk.

6. As the project manager you have decided to separate the sources of risk by phase and by the WBS. Using this technique you will find the riskiest areas of the project. Which of the following best describes the technique employed? A. Risk categorization B. Proper risk planning C. Risk urgency D. Risk data quality assessment

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