PGMP · Question #523
Throughout a multiyear program, component projects are transitioned to the customer. During the project acceptance phase, a potential risk is identified and brought to the program team's attention. Wh
The correct answer is A. Incorporate it into the risk register and perform a thorough analysis.. Risk management is a continuous process throughout the entire program lifecycle, including during transition and acceptance phases. When a potential risk is identified, the correct first step is always to log it in the risk register and perform a thorough analysis to assess its p
Question
Throughout a multiyear program, component projects are transitioned to the customer. During the project acceptance phase, a potential risk is identified and brought to the program team's attention. What should be done with the identified potential risk?
Options
- AIncorporate it into the risk register and perform a thorough analysis.
- BMitigate the risk before it is incorporated into the risk management plan.
- CDocument the risk in the program transition plan and identify it as a potential issue.
- DDocument it in the issue log and immediately notify the steering committee.
How the community answered
(29 responses)- A93% (27)
- B3% (1)
- D3% (1)
Explanation
Risk management is a continuous process throughout the entire program lifecycle, including during transition and acceptance phases. When a potential risk is identified, the correct first step is always to log it in the risk register and perform a thorough analysis to assess its probability, impact, and appropriate response strategy. Mitigating before analysis (B) is premature and potentially wasteful. Logging it as an issue (C or D) is incorrect because a potential risk has not yet occurred - it is not an issue. Escalating directly to the steering committee (D) before analysis lacks the supporting data needed for governance decisions.
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