Risk Management is responsibility of project team - Risk analysis and management

Q.  Risk Management is a responsibility of the _________.
- Published on 14 Aug 15

a. Customer
b. Investor
c. Developer
d. Project team
e. Production team

ANSWER: Project team

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    Discussion

  • Prajakta Pandit   -Posted on 05 Nov 15

    - Risk management is a responsibility of the project team.

    - A risk management team is a workgroup that is separate and often an independent unit within the project management team which is headed by the risk manager.

    - It helps to place a value on the project's activities, such as procuring, communicating, controlling quality.

    - The project team also develops strategies to mitigate identified risks, applies risk management methodologies and risk analysis tools and integrates, applies risk management methodologies and risk analysis tools

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