Lifecycle Mgmt Flashcards
1
Q
You work as a project manager for BlueWell Inc. You are working on a project and the management wants a rapid and cost-effective means for establishing priorities for planning risk responses in your project. Which risk management process can satisfy management’s objective for your project?
- Qualitative risk analysis
- Historical information
- Rolling wave planning
- Quantitative analysis
A
Rolling wave planning
2
Q
There are seven risks responses that a project manager can choose from. Which risk response is appropriate for both positive and negative risk events?
- Acceptance
- Transference
- Sharing
- Mitigation
A
Mitigation
