SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Question 69 of 100Question ID:612317Your project is the opening of a new retail store location. The night before the grand opening, you learn that a severe storm has caused significant damage to the building, which threatens to delay the grand opening. The storm was identified as a risk earlier in the project and captured, along with the response plan and the risk owner, in the risk register.What should you do immediately?
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ACancel the grand opening
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BContact the risk owner
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CStudy the risk management plan
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DCall the project sponsor
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Explanation:
Detailed explanation-1: -Write a business plan. Map out startup costs and funding. Register your business. Get online. Find a location or make an eCommerce plan. Make a supplier plan. Set up a payments system. Market your business. 01-Apr-2023
Detailed explanation-2: -Customer base matches ideal customer profile. Easy access to major roads. Proximity to high-traffic/high-volume businesses. Growing market or submarket. It is a good neighborhood for current and future business. It is a safe area.
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