Q:
Project Risk Management
What are the Project Management Processes included in the Project Risk Management?
Answer
The Project Risk Management Processes include the following:
Risk Management Planning - Deciding how to approach , plan, and execute the risk management activities for a project
Risk Identification - Determining which risks might affect the project and documenting their characteristics.
Qualitative Risk Analysis - Prioritizing risks for subsequent further analysis or action by assessing and combining their probability of occurrence and impact
Quantitative Risk Analysis - Numerically analyzing the effect on overall project objectives of identified risks
Risk Response Planning - Developing options and actions to enhance opportunities , and to reduce threats to project objectives.
Risk Monitoring and Control - Tracking identified risks, monitoring residual risks, identifying new risks, executing risk response plans, and evaluating their effectiveness throughout the project life cycle.
View answer
Workspace
Report Error
Discuss
Aptitude and Reasoning
General Knowledge
Puzzles
Interviews
Technical
Certifications
Exams
Job
Roles
True or False
Exams