Question: it is a project management question Chapter 8: Managing Risk TRUE/FALSE 1. The project manager needs to set the tone for encouraging open and timely
it is a project management question
Chapter 8: Managing Risk TRUE/FALSE 1. The project manager needs to set the tone for encouraging open and timely discussion of risks among the project team. 2. A risk is an uncertain event that, if it occurs, can jeopardize accomplishing the project objective. 3. The risks should be those that are somewhat likely to occur and/or can have a significant positive impact on accomplishing the project objective. 4. Some level of risk planning should be done during the initiating phase of the project life cycle to make sure that a contractor understands the risks involved with bidding on a proposed project
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