risk response
Submitted by vijayavadrevu on Mon, 05/06/2013 - 10:42
As a project manager, you have called for a risk review meeting. While going through the risk register, you found out that there is a risk, which still exists, even after applying all risk response strategies. What would you do?
A)This is a residual risk. Look for another set of response strategies
B)Re-calculate Risk Probability * Impact Value
C)Just wait for risk to occur as you have already implemented all of the risk response strategies
D)This is a secondary risk and secondary priority for you
Can someone explain what is the answer with explanation?
Forums:
sspawar
Mon, 05/06/2013 - 11:53
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In my opinion planned
In my opinion if planned responses are getting short and risk is still continue.
might be B bks qttv ana is not done properly, it may also include secondary or residual risks if not analysed, and planned for response.
vijayavadrevu
Mon, 05/06/2013 - 12:36
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Sir,The answer is given as C.
Sir,
The answer is given as C. The explanation given is
Just wait for risk to occur as you have already implemented all of the risk response strategies. Since you have already implemented all of the risk management strategies, you can just wait for risk to occur. If it occurs follow your contingency planIam not able to understand as to how can we conclude this