CAP · Question #164
You work as a project manager for BlueWell Inc. You with your team are using a method or a (technical) process that conceives the risks even if all theoretically possible safety measures would be…
The correct answer is B. It is a risk that remains after planned risk responses are taken. A residual risk is the leftover risk that persists even after risk response plans have been implemented. For example, if you transfer a risk via insurance, there may still be a deductible or coverage gap - that remaining exposure is the residual risk. It differs from a…
Question
You work as a project manager for BlueWell Inc. You with your team are using a method or a (technical) process that conceives the risks even if all theoretically possible safety measures would be applied. One of your team member wants to know that what is a residual risk. What will you reply to your team member?
Options
- AIt is a risk that remains because no risk response is taken.
- BIt is a risk that remains after planned risk responses are taken.
- CIt is a risk that can not be addressed by a risk response.
- DIt is a risk that will remain no matter what type of risk response is offered.
How the community answered
(25 responses)- A8% (2)
- B88% (22)
- D4% (1)
Explanation
A residual risk is the leftover risk that persists even after risk response plans have been implemented. For example, if you transfer a risk via insurance, there may still be a deductible or coverage gap - that remaining exposure is the residual risk. It differs from a secondary risk, which is a new risk created as a direct result of implementing a risk response. Choice D is a distractor - the phrase 'no matter what type of risk response is offered' is too absolute; residual risk specifically refers to what remains after planned responses, not an immovable constant.
Topics
Community Discussion
No community discussion yet for this question.