_____ involves development of a risk management plan.
A)Plan Risk Management
B)Identify Risks
C)Perform Quantitative Risk Analysis
D)Plan Risk Responses
E)Monitor and Control Risks

Question

Quizplus · Accepted Answer

The process of Plan Risk Management involves developing a risk management plan that defines how to conduct risk management activities for a project. The risk management plan includes risk management objectives, roles and responsibilities, budget and schedule, risk categories, definitions of probability and impact, probability and impact matrix, and risk documentation.

_____ Involves Development of a Risk Management Plan