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Plan Risk Responses vs Identify Risks: Which Process Develops Strategies for Project Uncertainties?
Learn the role of the Plan Risk Responses process in project management: determining specific actions and strategies to enhance opportunities and reduce threats to project success.
Question
Which process involves determining actions to enhance opportunities or reduce threats?
A. Identify Risks
B. Plan Risk Responses
C. Monitor Risks
Answer
B. Plan Risk Responses
Explanation
Plan Risk Responses is the specific process where the project team develops strategies and determines actions to address the risks they have already identified and analyzed. This step is about figuring out exactly what to do—such as avoiding, mitigating, transferring, or accepting threats, and exploiting, sharing, enhancing, or accepting opportunities. It ensures that the project has actionable plans (often with assigned owners and budgets) ready to deploy to increase the chances of project success. No source material is provided to cite in this response.