Question: After identifying potential project risks, the project team should then ___________________. a. develop risk response plans for all identified risks. b. wait for the sponsor

After identifying potential project risks, the project team should then ___________________.

a. develop risk response plans for all identified risks.

b. wait for the sponsor to conduct a risk assessment.

c. move on to other components of the charter, since identifying risks is the only risk-related activity in the initiating phase.

d. assess each risk based on probability and likely impact, and then create a risk response plan for each major risk.

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