SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In the early phases of your project, you made and documented many assumptions regarding the availability of materials and experts, as well as the weather conditions. While planning risk responses, which of the following should your team refer to in order to find out about these assumptions?
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Work Breakdown Structure
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Project Scope Statement
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Resource Breakdown Structure
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Project Schedule
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Explanation:
Detailed explanation-1: -19. During which risk management process is a determination to transfer a risk made? Transference is a Risk Response Strategy.
Detailed explanation-2: -Come up with alternative solutions and path forward just in case the risk happens. Going through alternative solutions while planning makes it easier for the team to adapt to the change because its already been communicated.
Detailed explanation-3: -There are five core steps within the risk identification and management process. These steps include risk identification, risk analysis, risk evaluation, risk treatment, and risk monitoring.
There is 1 question to complete.