Jerry has been asked to be very diligent about risk management since his new company has experienced rather involved complications before. Which best exemplifies good risk management?

Question

Quizplus · Accepted Answer

Good risk management is not installing quick and easy risk management solutions despite what the software sales pitch says. Good software will typically just organize and track a diligent project manager's proactive thinking about risk.
Good risk management is comprised of the other 3 bullets above: analyzing, planning and monitoring project variables, increasing the possibility of good project outcomes, and decreasing the possibility of bad project outcomes.
Key Take Away: Experienced project managers know that preparing for the worse case scenarios, is good business practice, and is a must for all firms across all industry types.

Jerry Has Been Asked to Be Very Diligent About Risk