7._____ involves numerically estimating the effects of risks on project objectives.
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8._____ involves taking steps to enhance opportunities and reduce threats to meeting project objectives.
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9._____ involves monitoring identified and residual risks, identifying new risks, carrying out riskresponse plans, and evaluating the effectiveness of risk strategies throughout the life of the project.
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10.Identifying risks is a subprocess of the _____ process of project risk management.a.planningc.monitoring and controllingb.executingd.closingANS: AIdentifying risks is a subprocess of the planning process of project risk management.
11.Performing qualitative and quantitative risk analyses are subprocesses of the _____ process of projectrisk management.
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12._____ are predefined actions that the project team will take if an identified risk event occurs.
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