Question

RMMM stands for:

• A. Risk Modelling, Monitoring, and Management
• B. Risk Monitoring, Maintenance, and Management
• C. Risk Mitigation, Monitoring, and Modification
• D. Risk Mitigation, Monitoring, and Management

Hint:

Think reduce it, watch it, then handle it, all starting with M.

Answer 1

The Correct Option is D

Idea: Match the three Ms to the natural time order of dealing with a risk.

Before a risk hits you try to lower it, which is Mitigation. During the project you watch it, which is Monitoring. If it strikes you cope with it, which is Management. That sequence, Mitigation then Monitoring then Management, is exactly RMMM.
\[ \text{Mitigation} \to \text{Monitoring} \to \text{Management} \]
\[\boxed{\text{Option D: Risk Mitigation, Monitoring, and Management}}\]