SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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ALook in the project management plan
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BCheck the applicable policy in the organizational process assets
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CReview the risk register for risk audit information
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DUse discretion to determine when and if a risk audit is needed
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Detailed explanation-1: -According to the PMBOK: “Managing project scope is primarily concerned with defining and controlling what is and is not included in the project.”
Detailed explanation-2: -Essentially, the goal of risk management is to identify potential problems before they occur and have a plan for addressing them. Risk management looks at internal and external risks that could negatively impact an organization.
Detailed explanation-3: -Through qualitative and quantitative risk analysis, you can determine how the risk is going to impact your schedule and budget. Project management software helps you analyze risk by monitoring your project. ProjectManager takes that one step further with real-time dashboards that display live data.