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NEW QUESTION: 1
Which of the following statements is NOT true regarding the risk management plan?
A. The risk management plan includes a description of the risk responses and triggers.
B. The risk management plan includes thresholds, scoring and interpretation methods, responsible parties, and budgets.
C. The risk management plan is an input to all the remaining risk-planning processes.
D. The risk management plan is an output of the Plan Risk Management process.
The risk management plan details how risk management processes will be implemented, monitored, and controlled throughout the life of the project. The risk management plan does not include responses to risks or triggers. Responses to risks are documented in the risk register as part of the Plan Risk Responses process.
A, B, D: These all statements are true for risk management plan. The risk management plan details how risk management processes will be implemented, monitored, and controlled throughout the life of the project. It includes thresholds, scoring and interpretation methods, responsible parties, and budgets. It also act as input to all the remaining risk-planning processes.
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