BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Change requests.
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Corrective actions.
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Project documents updates.
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Project management plan updates.
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Detailed explanation-1: -The outputs are: Risk register updates. Change requests, recommended preventive and corrective actions. Project management plan updates. Project document updates.
Detailed explanation-2: -A risk list, process updates, and sensitivity analysis are not outputs of the Plan Risk Responses process. Residual risks, fallback plans, and contingency reserves are all outputs of the Plan Risk Responses process, making this correct answer.
Detailed explanation-3: -Since project managers and risk practitioners are used to the four common risk response strategies (for threats) of avoid, transfer, mitigate and accept, it seems sensible to build on these as a foundation for developing strategies appropriate for responding to identified opportunities.