SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
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Question 14 of 100Question ID:613762You are facilitating a risk workshop with your project team to discuss, evaluate, and prioritize previously identified project risks based on the probability and impact of each risk. During the meeting, a key stakeholder proposes that as part of the analysis, the team consider other characteristics of risk beyond just probability and impact.Which of the following is the least likely characteristic proposed by the stakeholder:
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ADormancy
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BPropinquity
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CManageability
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DSensitivity
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Explanation:
Detailed explanation-1: -Types of project risks Financial risks such as rising costs, inaccurate budget forecasts, increases in labor and materials, low sales, and challenges in securing funding.
Detailed explanation-2: -The basic methods for risk management-avoidance, retention, sharing, transferring, and loss prevention and reduction-can apply to all facets of an individual’s life and can pay off in the long run.
Detailed explanation-3: -Define Project Risks. Write the Risks in a Consistent Format. Use a Variety of Risk Identification Tools & Techniques. Engage the Right Stakeholders to Identify Project Risks. Look Beyond the Obvious. Capture Your Project Risks.
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