SOFTWARE ENGINEERING

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SOFTWARE PROJECT MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Question 31 of 100Question ID:612420When reviewing the issue log, the project manager finds a new entry indicating that additional fencing is needed to address ground security risks on the project. After reviewing the risk register, she finds ground security among the risks identified during project planning. She wants to address the risk but is not sure if the project has enough funds to cover it.Which data analysis technique can be used to make this determination?
A
ATechnical performance analysis
B
BReserve analysis
C
CContingency analysis
D
DRisk audit
Explanation: 

Detailed explanation-1: -A risk register, sometimes known as a risk log, is an important component of the overall risk management framework. Created during the early stages of a project, the risk register is a tool that helps you track issues and address them as they arise.

Detailed explanation-2: -A risk register document, otherwise known as a risk register log, tracks potential risks specifically within a project.

Detailed explanation-3: -Ideally, you should create your risk management plan during the project planning phase. That way, you can best identify any risks and their potential impact and monitor those risks during the project. Instead of being caught unaware, you’ll have your eye on those risks in case they do become troublesome.

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