Last Updated on March 28, 2022 by Admin 2
According to PMBOK, the definition of Plan Risk Management is:
- Develop strategies and agreeing on actions to address overall and individual risk and exposure
- Define how to conduct risk management activities for a project
- Implement agreed-upon risk response plans
- Analyze the impact of identified individual risk and other sources of uncertainty on overall project objectives
Explanation:
Reference: https://www.pmi.org/learning/library/overall-project-risk-assessment-models-1386