Which tools and techniques should a project manager use to monitor risks?

The correct answer is B. Data analysis, audits, and meetings. According to the PMBOK Guide, the tools and techniques for the Monitor Risks process include data analysis (e.g., technical performance analysis, reserve analysis), audits (to evaluate the effectiveness of risk responses), and meetings (e.g., risk reviews). These tools help…

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Question

Which tools and techniques should a project manager use to monitor risks?

Options

AExpert judgment, data analysis, and interpersonal and team skills
BData analysis, audits, and meetings
CExpert judgment, audits, and decision making
DMeetings, data gathering, and expert judgment

How the community answered

(45 responses)

A
2% (1)
B
91% (41)
C
4% (2)
D
2% (1)

Explanation

According to the PMBOK Guide, the tools and techniques for the Monitor Risks process include data analysis (e.g., technical performance analysis, reserve analysis), audits (to evaluate the effectiveness of risk responses), and meetings (e.g., risk reviews). These tools help determine whether risk responses are being implemented as planned, whether risk probability/impact has changed, and whether new risks have emerged. Expert judgment and decision making are associated with other risk processes such as Plan Risk Responses or Identify Risks.

Topics

#Risk Management#Monitor Risks process#Tools and Techniques#Project Monitoring

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