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What is a pure risk?

Diana is the project manager of the QPS project for her company. In this project Diana and the project team have identified a pure risk. Diana and the project team decided, along with the key stakeholders, to remove the pure risk from the project by changing the project plan altogether.

What is a pure risk?

Crashing the project is what type of risk response?

Tracy is the project manager of the NLT Project for her company. The NLT Project is scheduled to last 14 months and has a budget at completion of $4,555,000. Tracy’s organization will receive a bonus of $80,000 per day that the project is completed early up to $800,000. Tracy realizes that

there are several opportunities within the project to save on time by crashing the project work.

Crashing the project is what type of risk response?


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