adplus-dvertising
frame-decoration

Question

How often should the risk management process be carried out?

a.

Once at the project planning stage

b.

Throughout the project, as needed

c.

Only if a risk becomes a problem

d.

At the end of the project

Answer: (b).Throughout the project, as needed Explanation:Risk management is a cyclic process that should be carried out throughout the project, as needed. Risks should be monitored, and the project should be re-assessed if necessary.

Engage with the Community - Add Your Comment

Confused About the Answer? Ask for Details Here.

Know the Explanation? Add it Here.

Q. How often should the risk management process be carried out?

Similar Questions

Discover Related MCQs

Q. What are the four types of risks identified by Wallace and Keil (2004)?

Q. What is the first step in risk management strategy?

Q. What is the risk exposure for a given risk factor?

Q. How is risk management a cyclic process?

Q. Which of the following categories of risks have the most impact on project outcomes, according to a study by Wallace and Keil (2004)?

Q. What is the suggested ordering of risks that managers should pay attention to, according to Wallace and Keil's study?

Q. What is the advice given by Tom Gilb in regards to managing risks?

Q. Which of the following risks can be mitigated through an agile approach?

Q. What is a work breakdown structure (WBS)?

Q. What is a milestone in a project?

Q. What is the purpose of project planning?

Q. What is the purpose of a work breakdown structure (WBS)?

Q. What is a milestone in project planning and control?

Q. What are constraints in project planning?

Q. What is a PERT chart?

Q. What is the purpose of PERT charts?

Q. What is the earliest possible starting time for an unlabeled node?

Q. What is the corresponding finishing time for an unlabeled node?

Q. How is the latest point in time at which activity L should finish computed?

Q. What does a Gantt chart depict?