Project risk management stops with the initial risk analysis.

Question

Quizplus · Accepted Answer

Project risk management is an ongoing process throughout the project's lifecycle, and it involves continuous monitoring, reassessment, and mitigation of risks. The initial risk analysis is just the first step in the process of risk management. It provides a baseline for identifying and tracking risks and their potential impact on the project. However, the risks can change over time, and new risks can emerge, so it is essential to review and update the risk management plan regularly.

Project Risk Management Stops with the Initial Risk Analysis