Example some of the considerations to tailor the risk management processes
Project risk management includes the process of conducting risk management planning, analysis, response planning, response implementation and monitoring the risks throughout the project. Alvin is working on the project which is totally unique to the organization. He is the project manager and involved in project risk management. Since the project is unique to the organization, he is considering tailoring the project risk management processes according to the project he is working on. Some of the considerations to tailor the risk management processes are?
A. project size.
B. Project complexity.
C. Both A and B are correct.
D. Both A and B are not valid options.
Answer: Option C is correct.
Some of the tailoring considerations in the processes available in project risk management are:
- Project size.
- Project complexity.
- Development approach.
- Project importance.