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PMI-RMP · Question #149

You are the project manager of the NHH Project for your company and you have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most…

The correct answer is B. Each agreed-to and funded risk response should have a risk response owner. Only risk responses that have been formally agreed upon and funded should be assigned a risk response owner, as unapproved or unfunded responses lack the resources and authority needed for execution.

Risk Monitoring and Reporting

Question

You are the project manager of the NHH Project for your company and you have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. Now, you would like to assign risk owners to the events. Which risk events should have risk response owners?

Options

  • AOnly the risks with a high risk rating
  • BEach agreed-to and funded risk response should have a risk response owner
  • CEach risk that has a risk response should have a risk response owner
  • DOnly the risk events that are considered a negative risk event with a high risk rating

How the community answered

(63 responses)
  • A
    2% (1)
  • B
    94% (59)
  • C
    3% (2)
  • D
    2% (1)

Why each option

Only risk responses that have been formally agreed upon and funded should be assigned a risk response owner, as unapproved or unfunded responses lack the resources and authority needed for execution.

AOnly the risks with a high risk rating

Limiting ownership only to high-rated risks ignores that lower-rated risks with formally agreed and funded responses also require owners to ensure proper oversight and implementation.

BEach agreed-to and funded risk response should have a risk response ownerCorrect

Assigning a risk response owner is only meaningful when the response has been formally agreed to by stakeholders and backed by approved funding, ensuring the owner has both the authority and the budget to carry out the response. Responses that are proposed but not yet approved or funded cannot be effectively owned or executed. This distinction prevents creating accountability without the necessary organizational support to act.

CEach risk that has a risk response should have a risk response owner

Not every proposed risk response has been approved and funded - assigning owners to unapproved responses creates false accountability without the authority or resources to act.

DOnly the risk events that are considered a negative risk event with a high risk rating

Restricting ownership only to negative, high-rated risk events ignores positive risks (opportunities) and approved responses for moderate-rated risks that also require designated owners for accountability.

Concept tested: Risk response ownership assignment based on funding and approval

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#Risk response ownership#Risk response implementation#Accountability#Roles and responsibilities

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