____ involves determining the likelihood that the risk event will occur and the degree of impact the event will have on the project objective.
A) Priority alignment
B) Responding to a risk
C) Assessing each risk
D) Risk planning

Question

Quizplus · Accepted Answer

Assessing each risk involves determining the likelihood and impact of a risk event. This information is used to prioritize risks and develop a response plan to address them. Priority alignment and responding to a risk both come after the assessment has been done. Risk planning is a broader term that includes assessing risks, but also encompasses developing strategies for risk management, monitoring and controlling risks, and communicating about risks.

____ Involves Determining the Likelihood That the Risk Event Will