Q: The risk management process can provide project managers a better understanding of what information? Select all that apply.
or
Q: What information can project managers have a better knowledge of via the risk management process? Choose every option that pertains.
- Who the project manager needs to consult about a risk
- What could go wrong with the project
- How could the project manager mitigate the potential risk
- When exactly the risk will occur
Explanation: Yes, one of the most important aspects of the process is figuring out who needs to be engaged in risk management and identifying the stakeholders who are participating. Without a doubt, one of the most important goals of risk management is to identify possible risks and uncertainties that may affect the project. To answer your question, yes, the process of risk management includes the development of strategies and plans for minimizing, avoiding, transferring, or accepting hazards that have been detected.
