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PFMP · Question #239

A way to assign responsibilities for managing portfolio risk responses is to:

The correct answer is D. document the risk owners in the portfolio risk register.. The portfolio risk register is the authoritative artifact for tracking identified risks, their probability and impact assessments, planned response strategies, and - critically - the risk owners responsible for managing each risk. Documenting risk owners in the risk register ensu

Portfolio Risk Management

Question

A way to assign responsibilities for managing portfolio risk responses is to:

Options

  • Aassign responsibilities to the component manager.
  • Bdocument the risk owners in the portfolio issue register.
  • Cassign an owner when the probability is 1.0.
  • Ddocument the risk owners in the portfolio risk register.

How the community answered

(27 responses)
  • B
    4% (1)
  • C
    4% (1)
  • D
    93% (25)

Explanation

The portfolio risk register is the authoritative artifact for tracking identified risks, their probability and impact assessments, planned response strategies, and - critically - the risk owners responsible for managing each risk. Documenting risk owners in the risk register ensures accountability, traceability, and visibility across the portfolio. The issue register (B) is for issues that have already occurred, not risks. Assigning ownership only at probability 1.0 (C) means the risk has already become an issue - too late. While component managers (A) may be involved, ownership is formally established by documentation in the risk register.

Topics

#Portfolio Risk Management#Risk Register#Risk Owners#Risk Response Planning

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