CISSP-ISSMP · Question #18
Which of the following processes is described in the statement below? "It is the process of implementing risk response plans, tracking identified risks, monitoring residual risk, identifying new…
The correct answer is A. Monitor and Control Risks. The statement precisely matches the PMI PMBOK definition of the 'Monitor and Control Risks' process (A). This process is an ongoing, iterative activity throughout the project lifecycle that involves: implementing approved risk response plans, tracking the status of identified…
Question
Which of the following processes is described in the statement below? "It is the process of implementing risk response plans, tracking identified risks, monitoring residual risk, identifying new risks, and evaluating risk process effectiveness throughout the project."
Options
- AMonitor and Control Risks
- BIdentify Risks
- CPerform Qualitative Risk Analysis
- DPerform Quantitative Risk Analysis
How the community answered
(23 responses)- A87% (20)
- C4% (1)
- D9% (2)
Explanation
The statement precisely matches the PMI PMBOK definition of the 'Monitor and Control Risks' process (A). This process is an ongoing, iterative activity throughout the project lifecycle that involves: implementing approved risk response plans, tracking the status of identified risks, monitoring residual risks that remain after responses are applied, identifying newly emerging risks, and evaluating the overall effectiveness of the risk management process. Identify Risks (B) focuses only on discovering risks. Perform Qualitative Risk Analysis (C) prioritizes risks by probability and impact. Perform Quantitative Risk Analysis (D) numerically analyzes the effect of risks on project objectives.
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