During risk management planning meetings, the project manager realizes that there is a very broad spectrum of risks being identified. This has made it difficult to properly maintain the risk register.
What should the project manager do?
A. Develop a risk breakdown structure (RBS) to help organize and classify identified risks.
B. Conduct a root cause analysis to allow for proper risk evaluation.
C. Generate a probability and impact matrix to calculate the relative probability of the identified risks.
D. Create a decision tree to calculate the expected monetary value of each risk.
What should the project manager do?
A. Develop a risk breakdown structure (RBS) to help organize and classify identified risks.
B. Conduct a root cause analysis to allow for proper risk evaluation.
C. Generate a probability and impact matrix to calculate the relative probability of the identified risks.
D. Create a decision tree to calculate the expected monetary value of each risk.