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PMI-RMP - Communication and Risk Reporting - Risk Escalation and Communication Protocols
Intermediate
1/5
What is the best definition of risk tolerance in project management?
a.
The level of variation in project outcomes that stakeholders consider acceptable for project success
b.
A quantitative measure of acceptable risk levels determined through statistical analysis
c.
The maximum threshold of risk exposure that an organization can manage in its project portfolio
d.
The degree, amount, or volume of risk that stakeholders are willing to take
Intermediate