Question: Which elements are essential in a comprehensive risk management plan, and how do they contribute to effective risk mitigation? A . Risk identification and categorization
Which elements are essential in a comprehensive risk management plan, and how do they contribute to effective risk mitigation?
A Risk identification and categorization to understand the nature and sources of risks
B Quantitative risk analysis to determine the probability and impact of each risk
C Risk response planning to outline actions for mitigating or accepting risks
D Regular risk assessment reviews to update the risk management plan as the project evolves
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