Practise test

[tarun7]

You meet with your team to determine the life cycle for your project. After analyzing the best way to define and manage requirements, develop deliverables, handle changes, control risk and cost, and engage key stakeholders, the decision is made to select a hybrid life cycle.

With the project life cycle selected, how will risk and cost be controlled?

By adhering to the cost baseline and implementing risk responses
By grooming the backlog as requirements and constraints emerge
By increasing the cost baseline for each newly identified risk
By progressively elaborating the initial plans with new information