You are the project manager of the NJJ project. Your enterprise environmental factors require that you establish certain risk management rules regarding low risks within your project. What is the…

Simply entering a risk in the risk register does not specify a management approach and is insufficient on its own for low-level risks.

Dismissing identified risks entirely removes the ability to detect if their probability or impact escalates later in the project.

Acceptance is a valid risk response, but it is typically applied to risks where no cost-effective response exists - a watchlist is the more precise PMBOK recommendation for low/low risks.

PMBOK identifies a watchlist as the appropriate handling for low-priority risks that fall below the threshold for active management. Placing these risks on a watchlist ensures they remain visible and can be re-evaluated if their probability or impact changes over time, without consuming response-planning resources.