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PMI-RMP - Risk Appetite and Tolerance - Definition and Role of Risk Tolerance
Expert
1/5
In a project with multiple stakeholders, which best describes the primary purpose of risk tolerance analysis?
a.
To establish acceptable ranges of variance for project objectives
b.
To determine the maximum amount of resources that can be allocated to risk mitigation efforts
c.
To create a framework for evaluating the psychological comfort levels of team members with risk
d.
To establish standardized metrics for measuring stakeholder satisfaction and project performance levels
Expert