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BBA3626 Columbia Southern Unit V Risk in Project Management Assessment

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Unit V – Assessment Chp 10 Question 1 – 6 points 1. When a project team elects to purchase insurance, or adopts a fixed price contract with a vendor, or hires an expert, it is demonstrating which of the following risk response strategies? Avoid a threat Transfer a threat Mitigate a threat Assume a threat Question 2 – 6 points 1. Which of the following accurately describes risk in project management? A risk may impact the project in a positive or negative way. Some projects have no risks. Risk assessment should remain objective and uninfluenced by stakeholder priorities. Project managers should always be risk averse. Question 3 – 6 points 1. On agile projects, detailed risk management activities may occur during all of the following times EXCEPT: while planning each subsequent iteration. during early risk planning at the start of the project. in daily stand-up meetings. during ...
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