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Which of the following accurately describes risk in project management?​ 


A)  A risk may impact the project in a positive or negative way. 
B)  Some projects have no risks. 
C)  Risk assessment should remain objective and uninfluenced by stakeholder priorities. 
D)  Project managers should always be risk averse

E) None of the above
F) B) and C)

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Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits,and the ultimate avoidance strategy is to not perform the project at all.

A) True
B) False

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A project risk is anything that may impact the project team's ability to achieve the general project success measures and the specific project stakeholders' priorities.

A) True
B) False

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The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?",and "if it does happen,how big will the impact be?" 

A) True
B) False

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All of the following are benefits that can be attributed to the effective use of a risk management plan EXCEPT: 


A)  It enables project managers to eliminate or reduce the impact of some threats. 
B)  It enables the project manager to identify and eliminate all risks 
C)  It facilitates communication with various project stakeholders. 
D)  It enables project managers to capitalize on some opportunities.

E) None of the above
F) B) and C)

Correct Answer

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