PMI PMP Project Management

Category - Risk Management

True or false: Both impact and probability can be mitigated.
  1. True
  2. False
Explanation
Answer: True. Both impact and probability can be mitigated.

Key Takeaway: A good project manager can accurately judge using common sense and analysis whether impact or probability can be influenced more. Remember to multiply to get total dollar impact to make the best assessment and focus on cost-effective mitigation and prevention strategies. That is how a project manager can create value.
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