Which statement describes the Implement' step within the recommended risk management procedure?
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A. B. C. D.A.
The Implement step within the recommended risk management procedure refers to the execution of the planned risk responses. This step involves taking the necessary actions to address the identified risks and minimize their impact on the project's objectives.
Answer A ("Take planned action to respond to a risk") correctly describes the Implement step. Once the risk response strategies have been developed in the previous steps of the risk management process (i.e., Identify, Analyze, Evaluate), they must be implemented to mitigate the risks. The implementation step involves executing the planned actions to reduce the likelihood or impact of the identified risks.
Answer B ("Implement the responsibilities for risks defined in the Risk Management Strategy") is not correct because it describes the responsibilities for risk management rather than the implementation of risk responses. The Risk Management Strategy defines the roles and responsibilities of individuals and teams involved in managing risks, but it does not involve the actual implementation of risk responses.
Answer C ("Assess the proximity of a risk") is not correct because it describes the Analyze step of the risk management process rather than the implementation of risk responses. The Analyze step involves assessing the probability and impact of identified risks, while the implementation step involves taking action to address those risks.
Answer D ("Identify the level of risks that can be tolerated by the project") is not correct because it describes the Evaluate step of the risk management process rather than the implementation of risk responses. The Evaluate step involves determining the overall level of risk for the project and identifying the risks that require a response. The implementation step involves executing the planned risk responses to mitigate those identified risks.
In summary, the Implement step within the recommended risk management procedure involves taking planned action to respond to identified risks to minimize their impact on the project.