Project risk has been described as:
A planned or scheduled event that has a positive outcome.
A planned or scheduled event that has a negative outcome.
A uncertain event that has a positive or negative effect on at least one project objective.
All of the above.
None of the above
The four stages of Risk Planning are:
Identification, Ranking, Avoidance and Control.
Monitoring, Integration, Acceptance and Identification.
Avoidance, Quantification, Planning and Control.
Identification, Quantification, Response, and Monitoring and Control.
Identification, Response, Acceptance, and Monitoring and Control.
The four possible responses to the Response step in Risk planning are
Avoid, Control, Mitigate, Transfer
Avoid, Transfer, Mitigate, Accept
Avoid, Transfer, Control and Accept.
Accept, Control, Mitigate, Transfer
What document should outline the steps required in a project deliverable?
Work Breakdown Structure (WBS)