What step should you take after you complete your risk management plan?1 pointImplement the individual mitigation plans for the risks you have identified.Estimate the likelihood and impact of the project risks you have prioritized.Share the plan with your team and stakeholders.Create a power grid to include in the appendix of your plan.

Which of the following strategies follow project plan best practices? Select all that apply.1 pointAsk your team members to identify risks that will most likely occur, and create plans to prevent or mitigate those risks.Ask yourself if the information in your plan is clear enough for stakeholders to understand.Ask team members questions about their work to gain deeper insights into their tasks for the project.Ask your team members daily if they are able to meet the deadlines they have for their tasks.7.Question 7

As a project manager you are practicing risk management. You have already defined potential risks, determined their likelihood, and prioritized them. Now, you’re making a plan to address and manage each risk. This represents which risk management step?1 pointAnalyze risksTreat risksMonitor and control risksIdentify risks

QuestionA large risk to a project is identified, and the risk management plan is executed. Upon completion of the approved actions, what should the project manager do?A.Update the risk management plan.B.Revise the project schedule and the budget.C.Update the lessons learned.D.Identify new risks, and monitor residual risks.

You have gathered information from project documentation and the project team. With this information, you identified and created a list of tasks for your project plan. What is the next step for completing your project plan?1 pointIdentify tasks that carry a high risk.Identify tasks that stakeholders have a particular interest in.Identify the order in which tasks need to be completed. Identify points in the project plan where you can evaluate completed work.

During which phase of the risk management life cycle do you use the information you have gained about the likelihood and potential impact of risks to prioritize risks?1 pointMonitor and control the risk. Treat the risk. Analyze the risk. Identify the risk. Evaluate the risk.