Question 92 of 100Question ID:613797During a risk review meeting for project nearing completion, a new risk has been identified. This risk may affect the projects schedule.What should the project manager do first?

RISK MANAGEMENT

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Question 92 of 100Question ID:613797During a risk review meeting for project nearing completion, a new risk has been identified. This risk may affect the project’s schedule.What should the project manager do first?

A	AMitigate the risk
B	BAlert the project sponsor of the potential impact
C	CImplement the fallback plan
D	DAnalyze the risk

Explanation:

Detailed explanation-1: -After the potential risks have been identified, the project team then evaluates each risk based on the probability that a risk event will occur and the potential loss associated with it.

Detailed explanation-2: -Create a risk management plan. Keep your risk register up to date. Understand the risk event. Be proactive instead of reactive. Develop your project management skills. 25-Mar-2020

Detailed explanation-3: -Decide on your process. Get to know your stakeholders. Choose your risk management toolkit. Start risk identification. Coach for risk action planning. Begin a second round of risk identification. Run a second risk review board. Encourage reflection. More items •29-Nov-2021

There is 1 question to complete.

SOFTWARE ENGINEERING

SOFTWARE PROJECT MANAGEMENT

RISK MANAGEMENT