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CSSLP · Question #280

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…

The correct answer is A. Risk management plan. The project team is documenting procedures for identifying, quantifying, and managing risks and contingency plans throughout the project.

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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

  • ARisk management plan
  • BProject plan
  • CProject management plan
  • DResource management plan

How the community answered

(44 responses)
  • A
    93% (41)
  • C
    5% (2)
  • D
    2% (1)

Why each option

The project team is documenting procedures for identifying, quantifying, and managing risks and contingency plans throughout the project.

ARisk management planCorrect

A risk management plan is a component of the project management plan that describes how risk management activities will be structured and performed for the project, including how risks will be identified, analyzed, and responded to. The scenario explicitly describes creating a document defining procedures for managing risks, identification, quantification, and contingency plans.

BProject plan

"Project plan" is a general term often synonymous with the project management plan, but "risk management plan" is the specific document being described in this context.

CProject management plan

The project management plan is a comprehensive document that integrates all subsidiary plans, including the risk management plan, but the scenario focuses specifically on the risk aspect.

DResource management plan

A resource management plan outlines how project resources (human, equipment, material) will be acquired, managed, and released, which is distinct from risk procedures.

Concept tested: Project risk management documentation - Risk management plan

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok/risk-management/risk-management-plan

Topics

#Risk management#Project management#Risk management plan#Project documentation

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