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PMI-RMP - Risk Thresholds and Triggers - Adjusting Risk Thresholds and Triggers Over Time
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What role do risk thresholds play in determining the escalation criteria for risk events?
a.
They define the maximum budget allocation permitted for risk mitigation activities across all project phases
b.
They establish mandatory timelines for implementing all risk response strategies in the project lifecycle
c.
They establish clear boundaries for when risks require management attention and intervention
d.
They serve as guidelines for determining the total number of risks a project can manage at any given time
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