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QUESTION 16 2 points 2 Save Answer The chances of a risk event occurring as a project proceeds through its life cycle tend to O Remain about the same. O Slowly drop O Rise sharply and then level out. O Drop sharply and then level out. O Slowly rise 2 points Save Answer QUESTION 17 The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as O Disaster protection. O Contingency planning. O Scenario analysis. O Risk forecasting O Risk management. QUESTION 18 2 points Save Answer The initial step in the risk management process is to Set aside budget funds for managing the risks. Determine the level of acceptable risk. O Assess the risk potential. Identify the risks. O Appoint a risk manager. QUESTION 19 2 points Save Answer After your team has successfully identified potential risks that could affect the project, what is the next step? O Mitigate risks O Decide how to respond to all risks Assess identified risks O Create a risk breakdown structure O Create contingency plans 2 points Save Answer it. QUESTION 20 Purchasing an accident insurance policy would be an example of responding to a risk by O Transferring Ignoring O Retaining O Avoiding O Mitigating OIATIO. Click Save and Submit to save and submit. Click Save All Answers to save all answers