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

As a project manager you are practicing risk management. You have already defined potential risks, determined their likelihood, and prioritized them. Now, you’re making a plan to address and manage each risk. This represents which risk management step?1 pointAnalyze risksTreat risksMonitor and control risksIdentify risks

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

As a project manager you are using a fishbone diagram to find the potential risks on your project. Which process are you in?Plan Risk ResponseControl QualityPerform Qualitative Risk AnalysisIdentify Risk

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

The Three attributes of project risk are _________, ___________ and ___________.a.What might happen, who it happens to, and how much will it costb.Risk cost, quality, controlc.Notification, frequency of relevant events, probability of occurrenced.Risk event, probability occurrence, the amount at stakee.Quality, risk planning, total number of risk events