enhance opportunities and reduce threats

Submitted by vijayavadrevu on Wed, 05/29/2013 - 12:40

1)      You have completed the process of developing options and actions to enhance opportunities and to reduce threats to project objectives. What is your NEXT step?

  1. Determine which risks may affect the project and document their characteristics.
  2. Implement risk response plans, track identified risks and monitor residual risks
  3. Define how to conduct risk management activities for a project.
  4. Assess the priority of identified risks using their probability of occurrence

Forums: 
PMP / CAPM exam Question bank
  • Log in to post comments
  • 612 reads

sanskrit

Wed, 05/29/2013 - 12:46

 Option 2 i.e Implement risk response plans, track identified risks and monitor residual risks

jvleminc's picture

jvleminc

Wed, 05/29/2013 - 12:56

Option 2, by simple elimination. Developing options and actions and enhance opportunities -> Plan Response

1: Should already have been done in Identify risks, before planning the responses, 
3: Should already have been done when preparing Risk Management plan
4: Happens in Quantity/Qualify risks, before planning the responses,

cnppmp's picture

cnppmp

Wed, 05/29/2013 - 15:12

Option 2?

Regards

CN Patil

vijayavadrevu

Wed, 05/29/2013 - 15:17

Yes, option 2 is right with the explanation given by @ jvleminc