You are the project manager of the NNN project for your company. You and the project team are working together to plan the risk responses for the project. You feel that the team has successfully completed the risk response planning and now you must initiate what risk process it is. Which of the following risk processes is repeated after the plan risk responses to determine if the overall project risk has been satisorily decreased?
A.
Risk response implementation
B.
Quantitative risk analysis
C.
Risk identification
D.
Qualitative risk analysis
Explanation:
The quantitative risk analysis process is repeated after the plan risk responses to determine if the overall project risk has been satisorily decreased.
Answer option D is incorrect. Qualitative risk analysis is not repeated after the plan risk response process.
Answer option C is incorrect. Risk identification is an ongoing process that happens throughout the project.
Answer option A is incorrect. Risk response implementation is not a project management process.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"