Monitoring and controlling risks is a ________ that involves monitoring residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle.
A) plan
B) process
C) knowledge group
D) step

Question

Quizplus · Accepted Answer

Monitoring and controlling risks is a process that involves ongoing monitoring, identification of new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle. It is not just a one-time plan or step, nor is it limited to a specific knowledge group.

Monitoring and Controlling Risks Is a ________ That Involves Monitoring