Question: A project management team has identified many risks during its risk identification sessions. It noticed that it would not have the time and resources to

A project management team has identified many risks during its risk identification sessions. It noticed that it would not have the time and resources to quantitatively analyze all of them. The team also agreed that not all these risks would justify the effort necessary to dig deeply into them. What should the team do next?

Implement agreed upon risk response plans.

Plan risk responses for each of the identified risks.

Perform qualitative risk analysis to prioritize the risks.

Perform quantitative risk analysis to numerically analyze risks.

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