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PMI-RMP · Question #86

Holly is the project manager of the NHQ project for her company. Her project sponsor, Tracy, has requested that Thomas, the department manager, from the Risk Management Department, will work with…

The correct answer is D. Holly. The project manager (Holly) is ultimately responsible for all aspects of project risk management, including ensuring that risk audits are scheduled and conducted at appropriate intervals throughout the project lifecycle. Risk audits examine whether risk responses are effective…

Risk Monitoring and Reporting

Question

Holly is the project manager of the NHQ project for her company. Her project sponsor, Tracy, has requested that Thomas, the department manager, from the Risk Management Department, will work with Holly to determine the effectiveness of the risk responses. Tracy and Thomas are concerned that some of the risks within Holly's project may not be addressed to depth they would like. In this scenario, who is responsible for ensuring that risk audits are performed at an appropriate frequency throughout the project?

Options

  • AThomas
  • BTracy
  • CThe project team
  • DHolly

How the community answered

(25 responses)
  • A
    8% (2)
  • B
    4% (1)
  • C
    12% (3)
  • D
    76% (19)

Explanation

The project manager (Holly) is ultimately responsible for all aspects of project risk management, including ensuring that risk audits are scheduled and conducted at appropriate intervals throughout the project lifecycle. Risk audits examine whether risk responses are effective and whether the risk management process is being followed. While Thomas (A) from Risk Management may assist or participate, and Tracy (B) as sponsor may have a governance role, and the project team (C) may conduct the work, the accountability for ensuring risk audits happen appropriately rests with the project manager.

Topics

#Risk Audits#Project Manager Accountability#Risk Monitoring#Roles & Responsibilities

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