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

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

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

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

QuestionA large risk to a project is identified, and the risk management plan is executed. Upon completion of the approved actions, what should the project manager do?A.Update the risk management plan.B.Revise the project schedule and the budget.C.Update the lessons learned.D.Identify new risks, and monitor residual risks.

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