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PMP Certification Practice Test 8
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Question : 23
Total: 72
The following statement is correct in describing a risk rating matrix used on a project:
The risk rating matrix should differ between projects and industries
The risk rating matrix is developed by the project manager
The risk rating matrix is standardized between projects
The risk rating matrix is primarily used for small scale projects
Validate
Solution:
The risk rating matrix should be standardized in order to make it easy to compare risks across different projects. It helps in providing a standardized view of the quality of the different projects in an organization.
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