Unforeseeable risks are risks that are not specifically identified but could be detected if the level of analysis was sufficiently detailed whereas Unforeseen risks are those risks that cannot be identified and analyzed no matter what level of detail is used. 32. The risk management plan is a component of the project management plan that describes how risk management activities will be structured and performed. 33. A probability and impact matrix is a grid for mapping the probability of each risk occurrence and its impact on project objectives if that risk occurs 34. Decision Tree is one of the most common qualitative risk analysis tools and techniques. 35. Risk Transfer is based on shifting ownership of a threat to a 3P to manage the risk and to bear the impact if the threat occurs. 36. In addition to monitoring the implementation of agreed-upon risk response plans, tracking identified risks, Risk Monitoring is used in identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project. 37. Risk Register is a document which is being created and updated only once at the beginning of the planning phase of the project. 38. A work package can be used to group the activities where work is scheduled and estimated, monitored, and controlled 39. Slicing is the technique used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts 40. Scope baseline is always static and cannot be changed even through formal change control procedures.