Question: After identifying potential project risks, the project team should then _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

After identifying potential project risks, the project team should then ____________________.
Group of answer choices
move on to other components of the charter, since identifying risks is the only risk-related activity in theinitiatingphase.
wait for the sponsor to conduct a risk assessment.
develop risk response plans for all identified risks.
assess each risk based on probability and likely impact, and then create a risk response plan for each major risk.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!