Knowledge Check - Week 9 Questions And Answers 100% Verified A+ Guaranteed

Escalate strategy {Ans: A strategy to deal with a risk that is considered outside the scope of the project by managing the response at the program or portfolio level}Risk Appetite {Ans: A measurable risk threshold for each project objective as determined by the stakeholders}SWOT Analysis {Ans: Examining a project from each of the strengths, weaknesses, opportunities and threats perspectives}Ambiguity risk {Ans: uncertainty about what might happen in the future}Quantitative Risk Analysis {Ans: Numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty}Risk Breakdown Structure {Ans: A hierarchical representation of potential sources of risk}Risk Register {Ans: A document that contains details of individual project risks that are prioritized and have a response plan}Risk {Ans: An uncertain event o condition, that, if it occurs has a positive or negative effect on one or more project objectives}Mitigate strategy {Ans: A strategy to deal with a risk by taking action to reduce the probability or impact of the threat}