Which of these statements about the project risk analysis and management program is BEST?
A)If a choice between accepting and transferring risk presents itself,risk should be transferred.
B)Different risk management strategies should be deployed at various points in the project life cycle.
C)The project manager should choose a small subset of all risk management tools.
D)Risk management is best handled using an ad hoc approach.

Question

Quizplus · Accepted Answer

Deploying different risk management strategies at various points in the project life cycle allows for a more comprehensive approach to risk management. This can include risk avoidance, risk mitigation, risk transfer, or risk acceptance, depending on the stage of the project and the specific risks involved. The other statements are not recommended best practices in project risk analysis and management.

Which of These Statements About the Project Risk Analysis and Management