A good risk management plan will contain which of these elements?
A) the project manager's tolerance level for risk
B) the number of acceptable outcomes
C) a prediction of the impact of each risk on the project
D) the number of unacceptable outcomes

Question

Quizplus · Accepted Answer

A good risk management plan should include a prediction of the impact each risk may have on the project, in order to determine the severity of each risk and prioritize them accordingly. The project manager's tolerance for risk may be useful information, but it is not a necessary element of the plan. The number of acceptable or unacceptable outcomes is not relevant to the risk management plan, as the focus should be on identifying and mitigating potential risks, rather than defining outcomes.

A Good Risk Management Plan Will Contain Which of These