PMI-RMP Practice Questions - PMI Risk Management Professional Exam

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A project manager is developing a risk management plan for a new enterprise software implementation. Which of the following should be established FIRST when creating the risk management framework?

Detailed risk response strategies for all identified risks Risk thresholds and escalation criteria The methodology, roles and responsibilities, and timing for risk management activities A comprehensive list of all potential risks

Correct Answer:

The methodology, roles and responsibilities, and timing for risk management activities

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