SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Question 12 of 100Question ID:612393A construction project experienced delays from lower than anticipated worker productivity, errors in construction, as well as worse than expected weather. Although these individual risks were previously identified, the combined effects of these realized risks were greater than the individual risk response plans were able to address, and a critical project deadline was missed.What might have been done differently to plan better for the risks?
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AConducted a sensitivity analysis
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BPerformed a Monte Carlo simulation
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CDeveloped a prototype
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DApplied a decision tree analysis
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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: -Keep all deadlines realistic. Collect accurate data. Invite the right people to plan processes. Conduct frequent team meetings. Ensure reliable project control. Measure progress. Define task dependencies. Seek the opportunities for improvement. More items •07-Oct-2021
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