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PMI Project Management Professional Practice Question

Which risk management process involves assessing the timing of identified risks in order to prioritize their response by determining which risks need immediate attention?

Risk Probability Assessment
Risk Urgency Assessment
Risk Impact Assessment
Risk Data Quality Assessment

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Answer Description

Risk Urgency Assessment is a process that helps in evaluating the time-criticality of risk events and deciding their priorities for response. It involves examining the time available to respond to a risk, considering factors like risk trigger conditions, warning signs, and the risk's potential impact on the project's critical path. This assessment is crucial for developing an effective risk response plan.

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