SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
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Question 5 of 100Question ID:612331In which process should the risk response owners periodically report to the project manager on the effectiveness of their assigned risk response plans?
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APlan Risk Responses
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BIdentify Risks
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CMonitor Risks
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DAudit Risks
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Explanation:
Detailed explanation-1: -Step 1 – Identify the hazards via performing a risk analysis. Step 2 – Estimate and evaluate the risks identified during the risk analysis. Step 3 – Implement a process to reduce and control the identified risks. Step 4 – Monitor the effectiveness of the controls implemented.
Detailed explanation-2: -Step 1: Identify the Risk. The initial step in the risk management process is to identify the risks that the business is exposed to in its operating environment. Step 2: Analyze the Risk. Step 3: Evaluate the Risk or Risk Assessment. Step 4: Treat the Risk. Step 5: Monitor and Review the Risk. 25-Jan-2023
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