Free PMI Project Management Professional (PMP) Practice Question

What is the main objective of categorizing risks within the framework of project risk management?

  • To calculate the precise financial impact of each risk on the project budget

  • To determine and prioritize the project areas most exposed to effects of uncertainty, and to focus risk management efforts appropriately

  • To document the risk management process in accordance with compliance and regulatory requirements

  • To assign specific risk owners to each identified risk based on their potential impact on the project scope

This question's topic:
PMI Project Management Professional (PMP) / 
Process
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