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PR2F · Question #32

What is the purpose of the risk budget?

The correct answer is C. Funds set aside from the project budget to cover the costs of implementing risk responses. See the full explanation below for the reasoning.

Question

What is the purpose of the risk budget?

Options

  • ATo fund risk management activities defined in the risk management procedure
  • BTo fund the cost of analyzing requests for change while executing a Work Package
  • CFunds set aside from the project budget to cover the costs of implementing risk responses
  • DFunds set aside from the project budget to cover the costs of identifying risks to the project

How the community answered

(47 responses)
  • A
    4% (2)
  • B
    2% (1)
  • C
    83% (39)
  • D
    11% (5)

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