How residual risk can be determined?
After mapping generic risk scenarios to organizational security policies, the NEXT course of action should be to:
David is the project manager of the HRC Project. He has identified a risk in the project, which could cause the delay in the project. David does not want this risk event to happen so he takes few actions to ensure that the risk event will not happen. These extra steps, however, cost the project an additional $10,000.
What type of risk response has David adopted?
What are the functions of audit and accountability control?
Each correct answer represents a complete solution. Choose all that apply.
Which of the following is the MOST important objective of embedding risk management practices into the initiation phase of the project management life cycle?
