Your project team has identified a project risk that must be responded to. The risk has been recorded in the risk register and the project team has been discussing potential risk responses for the ris

The correct answer is A. Corrective action. When a risk event has been identified and logged in the risk register, the project team must choose an appropriate risk response. A corrective action is a valid risk response - it involves taking action to align future project performance with the project management plan in respo

Security and Privacy Governance, Risk Management, and Compliance Program

Question

Your project team has identified a project risk that must be responded to. The risk has been recorded in the risk register and the project team has been discussing potential risk responses for the risk event. The event is not likely to happen for several months but the probability of the event is high. Which one of the following is a valid response to the identified risk event?

Options

ACorrective action
BTechnical performance measurement
CRisk audit
DEarned value management

How the community answered

(26 responses)

A
73% (19)
B
4% (1)
C
15% (4)
D
8% (2)

Explanation

When a risk event has been identified and logged in the risk register, the project team must choose an appropriate risk response. A corrective action is a valid risk response - it involves taking action to align future project performance with the project management plan in response to a risk or actual issue. The other options - technical performance measurement, risk audit, and earned value management - are monitoring and control tools used to track project performance and audit risk processes, not to respond to a specific risk event. Since the risk is months away but has high probability, planning a corrective action now is appropriate.

Topics

#Risk Management#Risk Response#Corrective Actions#Project Risk

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