CAP · Question #30
Frank is the project manager of the NHH Project. He is working with the project team to create a plan to document the procedures to manage risks throughout the project. This document will define how r
The correct answer is C. Risk management plan. The Risk Management Plan documents the processes, tools, and procedures for identifying, analyzing, and responding to risks throughout a project.
Question
Frank is the project manager of the NHH Project. He is working with the project team to create a plan to document the procedures to manage risks throughout the project. This document will define how risks will be identified and quantified. It will also define how contingency plans will be implemented by the project team. What document is Frank and the NHH Project team creating in this scenario?
Options
- AProject management plan
- BResource management plan
- CRisk management plan
- DProject plan
How the community answered
(45 responses)- A4% (2)
- C93% (42)
- D2% (1)
Why each option
The Risk Management Plan documents the processes, tools, and procedures for identifying, analyzing, and responding to risks throughout a project.
The Project Management Plan is a high-level document that integrates all subsidiary plans including the risk management plan, but it does not specifically define risk procedures.
The Resource Management Plan addresses how human and physical resources will be acquired, managed, and released, not how risks are identified and mitigated.
The Risk Management Plan is the output of the Plan Risk Management process and defines how risk activities - including identification, qualitative and quantitative analysis, response planning, and contingency implementation - will be structured and executed. It serves as the governing document Frank and his team are building to ensure risks are consistently managed on the NHH Project.
Project Plan is an informal or outdated term; even if used, it refers to the overall project management plan, not the specific risk-focused document described in the scenario.
Concept tested: Risk Management Plan purpose and contents
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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