A risk manager has noticed that response actions are not working as expected when a risk occurs, mainly because the risk triggers are not well-defined. Which tool should the risk manager use to…

The correct answer is C. Risk breakdown structure (RBS). An Ishikawa diagram, also known as a fishbone or cause-and-effect diagram, is a tool used to systematically identify potential factors causing an overall effect. In the context of risk management, it helps in pinpointing specific triggers that could lead to identified risks. By…

Risk Process Facilitation

Question

A risk manager has noticed that response actions are not working as expected when a risk occurs, mainly because the risk triggers are not well-defined. Which tool should the risk manager use to facilitate risk trigger identification in the upcoming risk review assessment?

Options

ARisk burndown chart
BIshikawa diagram
CRisk breakdown structure (RBS)
DAffinity diagram

How the community answered

(53 responses)

A
4% (2)
B
13% (7)
C
77% (41)
D
6% (3)

Explanation

An Ishikawa diagram, also known as a fishbone or cause-and-effect diagram, is a tool used to systematically identify potential factors causing an overall effect. In the context of risk management, it helps in pinpointing specific triggers that could lead to identified risks. By categorizing potential causes, the project team can visualize and analyze the root causes of risks, ensuring that risk triggers are well-defined and understood. This clarity enhances the effectiveness of response actions when risks materialize.

Topics

#Risk Identification#Risk Triggers#Risk Breakdown Structure (RBS)#Risk Management Tools

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