Multiple Choice
A realistic approach to managing risk is to
A) wait until the risk occurs then manage it.
B) brainstorm possible risks and assess their likelihood of occurrence and level of impact.
C) determine all the possible risks that could occur and add in contingencies into the project.
D) have a staff member assigned to only work on mitigating risks for projects.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: _ is a defined set of actions
Q24: The risks should be those that are
Q25: _ is the warning flag for when
Q26: The agenda for project status review meetings
Q27: A risk assessment matrix is a tool
Q29: As the project progresses, the project team
Q30: Which of the following statements about risks
Q31: When assigning responsibility for a risk, it
Q32: The trigger point in the risk response
Q33: Risk _ involves identifying, assessing, and responding