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PMI-RMP · Question #189
PMI-RMP Question #189: Real Exam Question with Answer & Explanation
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Risk Strategy and Planning
Question
Mike is the project manager of the NNP Project for his organization. He is working with his project team to plan the risk responses for the NNP Project. Mike would like the project team to work together on establishing risk thresholds in the project. What is the purpose of a risk threshold?
Options
- AIt helps to identify those risks for which specific responses are needed.
- BIt is a limit of the funds that can be assigned to risk events.
- CIt is a warning sign that a risk event is going to happen.
- DIt is a study of the organization's risk tolerance.
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Topics
#Risk Thresholds#Risk Response Planning#Risk Tolerance