SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Question 66 of 100Question ID:613308A project manager is leading an infrastructure development project and is just starting the process of prioritizing individual project risks for further analysis. A stakeholder has expressed concern that the existing information about individual project risks may not be accurate and reliable.What is the best course of action?
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APerform the Identify Risks process again
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BCapture the concern in the stakeholder register
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CPerform a risk data quality assessment
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DConduct a risk probability and impact assessment
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Explanation:
Detailed explanation-1: -The purpose of a risk register in project management is to record the details of all risks that have been identified along with their analysis and plans for how those risks will be treated. Basically, it’s a log that identifies risks along with their severity and the actions and steps to be taken to mitigate the risk.
Detailed explanation-2: -“Risk management is the systematic process of identifying, analyzing, and responding to project Risk. It includes maximizing the probability and consequences of positive events and minimizing the probability and consequences of adverse events to project objectives.”
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