Each portfolio risk should have a designated person as its owner. As the portfolio manager assigns the owner, the main responsibility is to:

The correct answer is C. Monitor the situation as long as the risk is current. A risk owner's primary ongoing responsibility is to monitor the risk for as long as it remains active. Risk analysis (A) occurs before ownership is assigned. Implementing a response (B) is a reactive action triggered by the risk occurring, not the standing duty. Turning a threat

Question

Options

AAnalyze the risk for its overall impact on portfolio success
BDetermine an appropriate response and implement it as soon as the risk occurs
CMonitor the situation as long as the risk is current
DStrive to take a negative risk and turn it into a positive opportunity

How the community answered

(18 responses)

A
6% (1)
B
11% (2)
C
78% (14)
D
6% (1)

Explanation

A risk owner's primary ongoing responsibility is to monitor the risk for as long as it remains active. Risk analysis (A) occurs before ownership is assigned. Implementing a response (B) is a reactive action triggered by the risk occurring, not the standing duty. Turning a threat into an opportunity (D) is a specific response strategy, not the core responsibility. Monitoring ensures the risk's status, probability, and impact are tracked continuously so timely action can be taken if conditions change.

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