SOFTWARE ENGINEERING

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SOFTWARE PROJECT MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Question 73 of 100Question ID:612654The risk report shows that project risk exposure has grown close to a negative threshold. Before the next regular meeting, you ask risk owners to present any risks and opportunities that may affect short-term activities. At the meeting, it becomes clear that risk owners from less engaged departments did not implement some of the previously approved responses.What should you do now to reduce risk exposure?
A
ASubmit a change request to exploit an opportunity that potentially makes up for the undone risk responses
B
BPrivately confront the risk owners with the issue and collaborate to remove any impediments to the risk responses
C
CReassign the risk ownership to team members who are in departments that are more engaged in the project
D
DEscalate the issue by calling a meeting with the risk owners and their managers to discuss disciplinary measures
Explanation: 

Detailed explanation-1: -Risk exposure is the quantified potential loss from business activities currently underway or planned. The level of exposure is usually calculated by multiplying the probability of a risk incident occurring by the amount of its potential losses.

Detailed explanation-2: -Exposure to premature death, sickness, disability, unemployment, and dependent old age are examples of personal loss exposures when considered at the individual/personal level. An organization may also experience loss from these events when such events affect employees.

Detailed explanation-3: -Risk Exposure is essential to factor in any business, whether big or small, since it gives us an estimate of risk involved while undertaking certain activities, changes in policy, or change in operations.

There is 1 question to complete.
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