____ involves taking steps to enhance opportunities and reduce threats to meeting project objectives.
A)Performing quantitative risk analysis
B)Planning risk responses
C)Monitoring and controlling risk
D)Performing qualitative risk analysis

Question

Quizplus · Accepted Answer

Planning risk responses involves analyzing risk triggers, developing strategies to enhance opportunities, and reduce threats to meeting project objectives. It is a proactive step taken to plan for potential risks and minimize their impact on the project. The other options - performing qualitative and quantitative risk analysis, and monitoring and controlling risk - are also important steps in the risk management process, but they do not involve taking steps to enhance opportunities and reduce threats.

____ Involves Taking Steps to Enhance Opportunities and Reduce Threats