Multiple Choice
Risk management involves identifying, assessing, and responding to project risks to
A) add extra costs to the project
B) pass the expense of the risks to the customer
C) reduce the likelihood of occurrence and their potential impact
D) inform the project team so they can ignore the consequences
Correct Answer:

Verified
Correct Answer:
Verified
Q45: Addressing risks _ will increase the chances
Q46: A risk is an uncertain event that,
Q47: A risk is an uncertain event that,
Q48: How do the initial risks identified change
Q49: A contingency or management reserve to pay
Q51: _ involves regularly reviewing the risk management
Q52: The project team can progressively elaborate and
Q53: A common approach to identifying the sources
Q54: Project prices and budgets should include _
Q55: Risks are prioritized based on<br>A) the likelihood