Section: Volume C
Explanation:
The Communications Management Plan defines, in regard to risk management, who will be available to share information on risks and responses throughout the project.
The Communications Management Plan aims to define the communication necessities for the project and how the information will be circulated. The Communications Management Plan sets the communication structure for the project. This structure provides guidance for communication throughout the project's life and is updated as communication needs change. The Communication Managements Plan identifies and defines the roles of persons concerned with the project. It includes a matrix known as the communication matrix to map the communication requirements of the project.
Incorrect Answers:
A: The Resource Management Plan does not define risk communications.
C: The Risk Management Plan deals with risk identification, analysis, response, and monitoring.
D: The stakeholder management strategy does not address risk communications.

is incorrect. It is not done immediately after the completion of the project as its effectiveness cannot be measured until the system has been in production for certain time period. Answer:B is incorrect. The post-project review of project for accessing effectiveness cannot be done during the project as effectiveness can only evaluated after setting the project in process of production. Answer:D is incorrect. Post-project review for evaluating the effectiveness of the project can only be done after the completion of the project and the project is in production phase.

is incorrect. It focuses on day-to-day operations, functions, and activities. It also ensures
that all the organization's objectives are being accomplished.

Explanation/Reference:
Explanation:
Of all the choices given, only requested changes is an output of the monitor and control risks process. You might also have risk register updates, recommended corrective and preventive actions, organizational process assets, and updates to the project management plan.
Incorrect Answers:
A, C: These are the plan risk management processes.
B: Risk audit is a risk monitoring and control technique.

Explanation/Reference:
Explanation:
Assets are the economic resources owned by business or company. Anything tangible or intangible that one possesses, usually considered as applicable to the payment of one's debts, is considered an asset. An asset can also be defined as a resource, process, product, computing infrastructure, and so forth that an organization has determined must be protected.
Tangible asset: Tangible are those asset that has physical attributes and can be detected with the senses, e.g., people, infrastructure, and finances.
Intangible asset: Intangible are those asset that has no physical attributes and cannot be detected with the senses, e.g., information, reputation and customer trust.