Once the project is approved and moves into the planning stage, _____.
A) agreements for risk sharing need to be concluded
B) the total risk on the project typically reduces as activities are performed without loss
C) risks must be weighed against the potential benefit of the project's success in order to decide if the project should be chosen
D) risks are identified with each major group of activities
E) a risk response plan can be used to identify increasing levels of detailed risk analysis

Question

Quizplus · Accepted Answer

During the planning stage, risks are identified with each major group of activities. This helps in developing risk response plans and mitigating potential risks during the execution of the project. Agreements for risk sharing, consideration of total project risk, and detailed risk analysis are typically done during later stages of the project.

Once the Project Is Approved and Moves into the Planning