BCS-ISEB
ISEB-PM1 · Question #491
ISEB-PM1 Question #491: Real Exam Question with Answer & Explanation
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Question
While preparing your risk responses, you realize that you have not planned for unknown risk events. You need to make adjustments to the project to compensate for unknown risk events. These adjustments are based on your past project experience when unknown risk events occurred and knocked the project off track. What should you do?
Options
- AInclude a management reserve in the budget to try to compensate for the unknown risks, and
- BDocument the unknown risk items and calculate the expected monetary value based on
- CDetermine the unknown risk events and the associated cost, then add the cost to the project
- DWith the stakeholders, determine a percentage of the known risk budget to allocate to a
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