11- Risk Management

Once risks have been identified, analyzed, and prioritized, who should develop plans for addressing every individual project risk?

What is the name of the process that will be monitoring the implementation of the agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project?

Which risk response strategy is appropriate when the project team or the project sponsor agrees that an opportunity is outside the scope of the project or that the proposed response would exceed the project manager's authority?

Which of the following is a typical display of the sensitivity analysis technique that helps determine which project risks or other sources of uncertainty have the most potential impact on project outcomes?

Which process is defined as prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics?

Eugene, a senior project manager, is training his project team on project risk management. He wants the project team to consider the full range of sources from which individual project risks may arise. Which document would provide the project team with this information?

What type of information does the risk report present to the project team?

In Risk Management, the process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives is referred to as?

How many iterations of the Identify Risks process is recommended to be performed on a project?

The Project Risk Management process of Implement Risk Responses is contained in which process group?