What Process Involves Deciding How to Approach and Plan the Risk

question 13

Multiple Choice

 What process involves deciding how to approach and plan the risk management activities for the project?

• A) identifying risks
• B) planning risk management
• C) performing qualitative risk analysis
• D) performing quantitative risk analysis

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Definitions:

Economic Status

The social standing or class of an individual or group often measured by income, wealth, education, and occupation.

Family Structure

The organization or composition of a family unit, including the relationships between its members.

Flexible

Capable of being easily modified to respond to altered circumstances or conditions.

Rigid

In a medical context, it describes something that is stiff, inflexible, or not easily bent.