You are the project manager of the GHY project for your company. This project has a budget of $543,000 and is expected to last 18 months. In this project, you have identified several risk events and…

The correct answer is C. Monitoring and Controlling. Risk response plans are implemented during the Monitoring and Controlling process group. While risk responses are identified and planned during the Planning process group, their actual implementation is triggered when risk events occur or risk triggers are detected-which is a…

Risk Monitoring and Reporting

Question

You are the project manager of the GHY project for your company. This project has a budget of $543,000 and is expected to last 18 months. In this project, you have identified several risk events and created risk response plans. In what project management process group will you implement risk response plans?

Options

AExecuting
BPlanning
CMonitoring and Controlling
DIn any process group where the risk event resides

How the community answered

(41 responses)

A
5% (2)
C
93% (38)
D
2% (1)

Explanation

Risk response plans are implemented during the Monitoring and Controlling process group. While risk responses are identified and planned during the Planning process group, their actual implementation is triggered when risk events occur or risk triggers are detected-which is a monitoring activity. The project team watches for risk triggers and implements the pre-defined response plans accordingly. Although PMBOK 6th edition introduced a separate 'Implement Risk Responses' process in the Executing group, in the context of this exam question, the practical execution of responses is driven by the monitoring function, making Monitoring and Controlling (C) the correct answer.

Topics

#Risk response implementation#PMBOK process groups#Monitoring risks#Risk management processes

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