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Your project is suddenly behind schedule and over budget due to a major issue that could have been prevented. Your team had previously identified a
Your project is suddenly behind schedule and over budget due to a major issue that could have been prevented. Your team had previously identified a risk, but it was classified as low probability and low impact, and you had entered it into the risk register. Because it was low probability and impact, both you and your team ignored it and now that it has materialized it actually has a much higher impact than originally anticipated. What could have prevented this?%0D%0AThis type of question contains radio buttons and checkboxes for selection of options. Use Tab for navigation and Enter or space to select the option.%0D%0Aoption%0D%0AA%0D%0A%0D%0APerforming a more detailed analysis of the risk when it was identified and calculating accurate probability and impact figures%0D%0Aoption%0D%0AB%0D%0A%0D%0AAdding adequate funds and duration buffers to the contingency reserve%0D%0Aoption%0D%0AC%0D%0A%0D%0ACreating and reviewing a watch list of low-priority risks%0D%0Aoption%0D%0AD%0D%0A%0D%0AHiring risk subject matter experts to anticipate the fluctuation of probability and impact of such risks
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