Exam 10: Project Risk Planning

Project teams can often identify risks by conducting any of several types of reviews. Which of the following illustrates a valuable type of risk review?

Generally,once risks have been identified and analyzed,the project team decides how to handle each risk.

How would you approach the prioritization of the risk events identified by your project team and subject matter experts? How would you use the results of this prioritization effort to guide the development of risk responses?

Risk is often considered in terms of impact to project success. Which of the following is a valid measure of project success?

The cost per risk for risks discovered early in the project is often more than the cost per risk for risks discovered late because there is more opportunity for the risk to impact several dimensions of the project.