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What is Project Risk Management? - Definition, Process & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What steps are involved in the risk management process?

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1. Positive risk is called

2. Why would a risk be accepted?

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About This Quiz & Worksheet

We created this quiz and worksheet to help you gauge your understanding of project risk management plans. These questions deal with important considerations related to these plans.

Quiz & Worksheet Goals

Complete this quiz when you're ready to measure what you know about:

  • Positive risk
  • Risk strategies
  • Risk exposure

Skills Practiced

This quiz was designed to help you work on improving these abilities:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on project risk management
  • Information recall - access the knowledge you've gained regarding the steps in risk management
  • Making connections - use understanding of the concept of risk management to determine why a risk could be accepted

Additional Learning

Keep building on what you know about this subject with the lesson entitled What is Project Risk Management? - Definition, Process & Examples. You can complete this lesson to find out more about:

  • Terms related to risk management
  • Reasons risk management is critical
  • The steps involved with completing risk management
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