SOFTWARE ENGINEERING

SOFTWARE PROJECT MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Question 20 of 100Question ID:612343A project manager is leading a large and complex project. During the execution stage, a serious problem occurs that could threaten the successful completion of the project. The project manager checks the risk register and discovers that this risk was not previously identified.With the project at risk, what should the project manager do first?
A
AExecute the contingency plan
B
BReevaluate the process of identifying project risks
C
CImplement the fallback plan
D
DCreate a workaround
Explanation: 

Detailed explanation-1: -The risk management process includes five steps: identify, analyze, evaluate, treat, and monitor. You can mitigate risks by avoiding, accepting, reducing, or transferring them.

Detailed explanation-2: -Project risk management is the process that project managers use to manage potential risks that may affect a project in any way, both positively and negatively.

There is 1 question to complete.