The attempt to recognize and manage potential and unforeseen trouble spots that may occur when a project is implemented is known as
A) risk forecasting.
B) risk management.
C) contingency planning.
D) scenario analysis.
E) disaster protection.

Question

Quizplus · Accepted Answer

Risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unforeseen events.

The Attempt to Recognize and Manage Potential and Unforeseen Trouble