CGRC · Question #668
Where can a project manager find risk-rating rules? Response:
The correct answer is B. Organizational process assets. The question asks for the primary location where a project manager would find established rules for rating risks.
Question
Where can a project manager find risk-rating rules? Response:
Options
- ARisk probability and impact matrix
- BOrganizational process assets
- CEnterprise environmental factors
- DRisk management plan
How the community answered
(56 responses)- A4% (2)
- B91% (51)
- C4% (2)
- D2% (1)
Why each option
The question asks for the primary location where a project manager would find established rules for rating risks.
A "Risk probability and impact matrix" is a tool or output that uses risk-rating rules, not the place where the rules themselves are stored or defined.
Risk-rating rules, which define how risks are categorized and prioritized based on their probability and impact, are established guidelines and templates that are typically stored within the organization's knowledge base as Organizational Process Assets (OPAs). These assets include policies, procedures, and historical information from previous projects that dictate how risks should be assessed.
Enterprise environmental factors are external or internal conditions that influence the project (e.g., market conditions, organizational culture), not a repository for specific risk-rating rules.
The "Risk management plan" outlines how risk activities will be performed, including how risk will be categorized, but the actual detailed rules and historical templates are derived from or stored within OPAs.
Concept tested: Sources of Risk Management Guidelines
Topics
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