SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
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Question 83 of 100Question ID:613749A project manager is starting the Plan Risk Management process. The project sponsor is risk averse, and this will affect the risk management plan. In preparing this plan, the project manager is seeking a high-level understanding of the project description and boundaries, high-level requirements, and risks.Where is the best place for the project manager to find this information?
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AProbability and impact matrix
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BRisk breakdown structure (RBS)
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CProject charter
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DStatement of work (SOW)
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Explanation:
Detailed explanation-1: -Staff. Every staff member is responsible for effective management of risk including the identification of potential risks. Risk management processes should be integrated with other planning processes and management activities.
Detailed explanation-2: -Risk Identification. Risk identification occurs at the beginning of the project planning phase, as well as throughout the project life cycle. Risk Assessment. Create a Risk Response Plan. Assign Risk Owners. Understand Your Triggers. Make a Backup Plan. Measure Your Risk Threshold. 15-Sept-2021
Detailed explanation-3: -Identify the risk. Assess the risk. Treat the risk. Monitor and Report on the risk. 27-Sept-2021
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