BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Use case"Considering the previous question, since the project requires high skills in Python, it might happen to not have enough resources."What type of risk?
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Technical risk
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Budget risk
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Business risk
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Personnel management risk
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Explanation:
Detailed explanation-1: -Risk Management is an important part of project planning activities. It involves identifying and estimating the probability of risks with their order of impact on the project. Risk Management Steps: There are some steps that need to be followed in order to reduce risk.
Detailed explanation-2: -Essentially, the goal of risk management is to identify potential problems before they occur and have a plan for addressing them. Risk management looks at internal and external risks that could negatively impact an organization.
There is 1 question to complete.