PFMP · Question #582
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to…
The correct answer is B. Inform the stakeholder that issues are risks that have occurred and are tracked as part of the. In portfolio and project management, a risk is a potential future uncertain event, while an issue is a risk that has already occurred (materialized). Issues are not kept in the Risk Register - they are tracked in a separate Issues Log or Issue Register. The stakeholder should…
Question
You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you continuously report risks and issues to stakeholders. One of the key stakeholders is furious as he cannot find an issue that has occurred a week ago in the risk register. What should you do in this case?
Options
- AInform the stakeholder that risk that have occurred are removed from the risk register and not
- BInform the stakeholder that issues are risks that have occurred and are tracked as part of the
- CInform the stakeholder that you will directly fix this and include it in the risk register
- DInform the stakeholder that when positive risks occur they become realized opportunities and
How the community answered
(22 responses)- A5% (1)
- B86% (19)
- C9% (2)
Explanation
In portfolio and project management, a risk is a potential future uncertain event, while an issue is a risk that has already occurred (materialized). Issues are not kept in the Risk Register - they are tracked in a separate Issues Log or Issue Register. The stakeholder should be directed to the Issues Log to find the event that happened last week. Option A is partially true but incomplete and misleading. Option C is incorrect because adding an occurred event to the Risk Register violates standard practice. Option D addresses only positive risks (opportunities), which is irrelevant here.
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