In managing portfolio risks, which document is most useful to communicate a newly identified risk to stakeholders?

Question

Options

• APortfolio report
• BStatus report
• CRisk register
• DRisk component chart

• A
  3% (1)
• B
  75% (24)
• C
  16% (5)
• D
  6% (2)

Explanation

The status report is the primary vehicle for communicating current portfolio information - including newly identified risks - to stakeholders in a timely manner. The risk register (C) is an internal tracking and management artifact, not a stakeholder communication tool. Portfolio reports (A) are broader, periodic documents not suited for immediate risk communication. A risk component chart (D) visualizes risk distribution across components but does not serve as a communication mechanism for newly surfaced issues. Status reports are designed to keep stakeholders informed of current conditions, making them the right tool for surfacing new risks quickly.

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