What would be a main goal to achieve from Risk Monitoring and Controlling?

The network project has been very challenging. The cost performance index is presently 0.95 and the schedule performance index is 0.91. Risk could have been managed better from the start of this project. Halfway through the execution of the project management plan, the Project Manager assigned one person to do nothing but monitor for risks and work with the people who implemented the risk response plans. What would be a main goal to achieve from Risk Monitoring and Controlling?

Question:

What would be a main goal to achieve from Risk Monitoring and Controlling?

Options:

Qualitative analysis

Corrective action

Overall Risk ranking for the project

Quantitative analysis

Correct Answer

The Correct Answer for this Question is

Corrective action

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