Fred is the project manager of a large project in his organization. Fred needs to begin planning the risk management plan with the project team and key stakeholders. Which plan risk management process tool and technique should Fred use to plan risk management? 

Answer options:

A. Information gathering techniques
B. Data gathering and representation techniques
C. Planning meetings and analysis
D. Variance and trend analysis

C

There is only one tool and technique available for Fred to plan risk management: planning meetings and analysis. Planning Meeting and Analysis is a tool and technique in the Plan Risk Management process. Planning meetings are organized by the project teams to develop the risk management plan. Attendees at these meetings include the following: ✑ Project manager ✑ Selected project team members ✑ Stakeholders ✑ Anybody in the organization with the task to manage risk planning Sophisticated plans for conducting the risk management activities are defined in these meetings, responsibilities related to risk management are assigned, and risk contingency reserve application approaches are established and reviewed. Incorrect Answers: A, B, D: These are not plan risk management tools and techniques.