BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
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The Key processes of Project Risk Management are:
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Plan Risk Management, Identify Risks, Assess Risks, Mitigate Risks, Transfer Risks, and Document Outcomes.
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Identify Risks, Plan Risk Management, Evaluate Risks, Develop Risk Responses, Mitigate Risks, andDocument Results.
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Identify Risks, Perform Qualitative Risk Validation, Perform Quantitative Impact Assessment, Develop Risk Response Strategies, Document Response Strategies, and Monitor Risk Responses.
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Plan Risk Management, ldentify Risks, Perform Qualitative Risk Analysis, Perform Quantitative Risk Analysis, Plan Risk Responses, Implement Risk Responses, and Monitor Risks.
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Explanation:
Detailed explanation-1: -The 4 essential steps of the Risk Management Process are: Identify the risk. Assess the risk. Treat the risk. Monitor and Report on the risk.
Detailed explanation-2: -Risk management has three (3) main stages, risk identification, risk assessment and risk control.
There is 1 question to complete.