You and Your Project Team Are Just Starting the Risk

question 263

Multiple Choice

You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks that need to be analyzed. How often should you and the project team do risk identification?

• A) At least once per month
• B) Identify risks is an iterative process.
• C) It depends on how many risks are initially identified.
• D) Several times until the project moves into execution

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Definitions:

Quarterly

Occurring or done every three months.

Compounded

A method of calculating interest where previously earned interest is added to the principal amount, and then future interest is calculated on the new total.

Quarterly

Occurring every three months or four times a year.

Annuity

An investment vehicle that provides a consistent series of disbursements to a person, often employed in retirement planning.