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NEW QUESTION: 1
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early release of a competitor's calendar may weaken the impact of the MNO Manufacturing Company calendar, thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Risk tolerance heading?
A. The Project Board's threshold level of risk exposure is any combination of medium, high and very high impact, with high and very high probability.
B. The Project Manager's threshold level of risk exposure is low impact and probability.
C. The cost of all fallback plans must be contained within the project's tolerance.
D. The risk budget will have a tolerance of +/~ 10%.
E. Corporate management's threshold level of risk exposure is any combination of high and very high impact and probability.
Answer: A,C
Explanation:
Explanation/Reference:
Question Set 2


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