Multiple Choice QuestionThe sequence of steps in managing opportunities is the same as negative risk, but which step utilizes a different approach?Multiple choice question.Risk Identification.Risk Assessment.Risk Response Development.

Multiple Choice QuestionWhat is required in order for risk response control to succeed?Multiple choice question.Documentation of responsibilityWork Breakdown Structure dictionaryMitigation of risk likelihood

Multiple Choice QuestionWhat is key to developing a risk transfer approach to risk management?Multiple choice question.Finding ways to reduce the probability of the risk event occurring.Identify and document responsibility for absorbing the impact of the risk occurrence.Determine at what point in the project the risk transference should occur.

Multiple Choice QuestionWhat term is used to describe the documents needed to develop an adequate risk response control plan?Multiple choice question.Project Scope.Work Breakdown Structure Dictionary.Work Breakdown Structure.Risk Register.

Multiple Choice QuestionWhat is the purpose of a contingency fund in executing a response to an opportunity (positive risk) occurring?Multiple choice question.To take advantage of opportunitiesTo eliminate project risksNone, it is not built into the original plan

Multiple Choice QuestionThe process of analyzing the needs of the business and selecting assets that will maximize its value is called _____.Multiple choice question.risk assessmentasset budgetingfactoringcapital budgeting