Join ExamsbookAnswer : 1. "Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan execution"
Why are risk tolerances and thresholds important to identify in the risk management Plan?5
Q: Why are risk tolerances and thresholds important to identify in the risk management Plan?
- 1Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan executiontrue
- 2Tolerances and thresholds help to define how often the risk management process will be performedfalse
- 3Tolerances and thresholds determine what tools and data sources will be used in risk managementfalse
- 4Tolerances and thresholds provide the basis for costing the risk management process as well as defining how risk activities will be recordedfalse
- Show AnswerHide Answer
- Workspace
Answer : 1. "Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan execution"
Explanation :
Answer: A) Tolerances and thresholds, when documented, can help to define the target by which the project team can measure the effectiveness of the risk response plan execution Explanation: Answer B defines the timing that should be addressed in the risk management plan. Answer C defines the methodology that should be identified in a risk management plan. Answer D touches on the budgeting and tracking that should be defined in the risk management plan.
Similar Questions
Since Nithya and Suganya exchange places, so Rita’s new position is the same as Monika’s earlier position. This position is 17th from the right and 10th from the left. Therefore Number of girls in the row = (16 + 1 + 9) = 26.