Relation to the accepted passive risks

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Reference no: EM133822906

Question

A project team identified and analyzed known risks at the beginning of a project. What should the risk manager do next in relation to the accepted passive risks?

• Ask the project team to define a response plan for all accepted passive risks

• Document accepted passive risks and acknowledgment of shareholders, management, and team acceptance of the risks

• Develop a shortened response plan with documented qualitative and quantitative assessments of the accepted passive risks.

• Define a response plan for accepted passive risks with a high probability of occurrence.

Reference no: EM133822906

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