You are the project manager of the GGG project. You have completed the risk identification process for the initial phases of your project. As you begin to document the risk events in the risk…

The correct answer is A. Risk potential responses. During the Identify Risks process, the risk register is initially populated with the list of identified risks along with potential risk responses. Preliminary response strategies can be noted at this early stage even before formal risk response planning. Risk owners are…

Risk Strategy and Planning

Question

You are the project manager of the GGG project. You have completed the risk identification process for the initial phases of your project. As you begin to document the risk events in the risk register what additional information can you associate with the identified risk events?

Options

ARisk potential responses
BRisk schedule
CRisk owner
DRisk cost

How the community answered

(47 responses)

A
89% (42)
B
2% (1)
C
6% (3)
D
2% (1)

Explanation

During the Identify Risks process, the risk register is initially populated with the list of identified risks along with potential risk responses. Preliminary response strategies can be noted at this early stage even before formal risk response planning. Risk owners are formally assigned later during the Plan Risk Responses process. Risk cost and a risk schedule are outputs of quantitative risk analysis or risk response planning - they are not determined during initial risk identification. Therefore, potential responses is the correct additional information that can be associated with risks when first documenting them.

Topics

#Risk Register#Risk Identification#Risk Documentation#Risk Response Planning

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