Which project management document outlines how the project team will manage identified risks?
Understand the Problem
The question is asking to identify the document related to project management that details the strategies for managing risks. It presents multiple-choice options to select the correct answer.
Answer
The risk management plan.
The final answer is the risk management plan.
Answer for screen readers
The final answer is the risk management plan.
More Information
The risk management plan is a critical document that outlines the procedures for identifying, assessing, and managing risks throughout a project's life cycle. It includes the roles and responsibilities of team members and establishes the frequency of risk assessments.
Tips
A common mistake is confusing the risk management plan with other project documents like the project charter or risk register. The risk management plan specifically outlines how risks will be managed.
Sources
- The web page with info on - Example Source - opentextbc.ca
- Risk Management Process: Step-by-Step Guide [2024] - Asana - asana.com
- How to Monitor Risk in Project Management - projectmanagementacademy.net
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