A risk manager for a hospital extension project is leading a project team in developing a risk management plan. One team member is responsible for conducting risk identification. The team member just

Question

Options

• ADevelop a risk breakdown structure {RBS) to identify possible risks.
• BDevelop a risk impact analysis to assess the consequences of possible risks
• CDevelop a probability and impact matrix to analyze possible risks.
• DCreate a risk register to capture and track possible risks.

• A
  85% (57)
• B
  7% (5)
• C
  4% (3)
• D
  3% (2)

Explanation

A Risk Breakdown Structure (RBS) is a hierarchical decomposition of risk categories (e.g., technical, organizational, external, project management) that serves as a checklist framework for comprehensive risk identification. It ensures no major risk category is overlooked, making it ideal for a new team member unfamiliar with the project's complexity. Option B (risk impact analysis) assesses consequences of already-identified risks - it presupposes identification has occurred. Option C (probability and impact matrix) is an analysis and scoring tool used after risks are identified, not a tool for identifying them. Option D (risk register) is the repository where identified risks are captured and tracked, but it does not help generate or discover them.

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