The Project Risk Management knowledge area focuses on which of the following processes? Each correct answer represents a complete solution. Choose all that apply.

The correct answer is B. Risk Management Planning C. Quantitative Risk Analysis D. Risk Monitoring and Control. According to PMBOK, the Project Risk Management knowledge area includes: Risk Management Planning (B) - establishing the approach to risk activities; Qualitative Risk Analysis; Quantitative Risk Analysis (C) - numerically analyzing combined risk effects; Risk Response Planning; a

Security and Privacy Governance, Risk Management, and Compliance Program

Question

Options

APotential Risk Monitoring
BRisk Management Planning
CQuantitative Risk Analysis
DRisk Monitoring and Control

How the community answered

(49 responses)

A
8% (4)
B
92% (45)

Explanation

According to PMBOK, the Project Risk Management knowledge area includes: Risk Management Planning (B) - establishing the approach to risk activities; Qualitative Risk Analysis; Quantitative Risk Analysis (C) - numerically analyzing combined risk effects; Risk Response Planning; and Risk Monitoring and Control (D) - tracking identified risks and identifying new ones. 'Potential Risk Monitoring' (A) is not a formally named PMBOK process and is a distractor. The standard process name is 'Monitor and Control Risks' (or 'Risk Monitoring and Control' in older PMBOK editions).

Topics

#Risk Management Processes#Project Risk Management#Risk Analysis#Risk Monitoring

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