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A) Risk Acceptance B) Risk Mitigation C) Risk Avoidance D) Risk Transfer
A) During the SWOT (strengths, weaknesses, opportunities, and threats) analysis. B) During the Identify Risks phase. C) As soon as the Plan Risk Management phase begins D) As soon as a project is conceived
A) Lateral thinking B) Process analysis C) Pair wise comparisons D) Value engineering
A) Reserves are included as part of earned value measurement calculations. B) Reserves are not part of the project cost baseline. C) The project manager needs to get approval before spending management reserve. D) Reserves are usually included in the total budget of a project.
A) It is impossible to build an exhaustive checklist. B) The lowest level of the Risk Breakdown Structure (RBS) cannot be used as a risk checklist C) Quick and simple risk checklists are the least effective ones. D) Risk checklists should be reviewed during project closure.