Set: Project Risk Management - Knowledge Area

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All 6 terms

TermDefinition
The process of defining how to conduct risk management activities for a project.The Definition of "Plan Risk Management" is?
The process of determining which risks may affect the project and documenting their characteristics.The Definition of "Perform Qualitative Analysis" is?
The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurence and impact.The Definition of "Perform Qualitative Analysis" is?
The process of numerically analyzing the effect of identified risks on overall project activities.The Definition of "Perform Quantitative Analysis" is?
The process of developing "options and actions" to enhance opportunities and reduce threats to the project objectives.The Definition of "Plan Risk Response" is?
The process of implementing risk response planse, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating the risk process throughout the project.The Definition of "Monitor and Control Risks" is?

Set Information

Terms 6
Creator LarryTabizon
Created August 28, 2009
Groups None
Subjects pmi, pmp, PMBOK 4th Edition, PMP Exam
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