SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
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Question 89 of 100Question ID:651407Midway into project execution, a competitor is about to release a product similar to the one planned to be delivered by your project. If the competitor launches their product to the market before you, your project will be deemed as failed.With a response prepared to run some of the development activities in parallel, what should you do next?
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ACompress the schedule
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BMeet with the team to assess the risk
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CTerminate the project
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DRequest management reserves
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Explanation:
Detailed explanation-1: -A risk register is a crucial project management tool to document project risks. It’s a document that lists all the potential risks that could occur during the project execution phase, as well as critical information about them.
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