The initial step in the risk management process is to
A. Identify the risks.
B. Appoint a risk manager.
C. Assess the risk potential.
D. Set aside budget funds for managing the risks.
E. Determine the level of acceptable risk.
Answer: A
You might also like to view...
One common approach used by advertising agencies to understand a client's customers is the focus group
Indicate whether the statement is true or false
The market interest rate is also called the effective interest rate
Indicate whether the statement is true or false
Select the option not part of closing a project.
a. Confirm completion of project goals and deliverables. b. Submit a final status report to stakeholders. c. Evaluate task list. d. Celebrate success and recognize team leader.
A binding promise or agreement requires that the parties to the agreement have contractual capacity
a. True b. False Indicate whether the statement is true or false