Harry works as a project manager for BlueWell Inc. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. Who among the following is responsible…

The correct answer is A. Risk owner. The risk owner is the individual on the project team that is closest to the risk event. The risk owner can be an individual or an organization responsible for implementing risk responses or contingency plan. The risk owner should be empowered with the ability to respond to the…

Schedule Monitoring and Controlling

Question

Harry works as a project manager for BlueWell Inc. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. Who among the following is responsible for implementing the risk responses or contingency plan?

Options

ARisk owner
BHarry
CProject sponsor
DSubject matter expert

How the community answered

(51 responses)

A
90% (46)
B
2% (1)
C
2% (1)
D
6% (3)

Explanation

The risk owner is the individual on the project team that is closest to the risk event. The risk owner can be an individual or an organization responsible for implementing risk responses or contingency plan. The risk owner should be empowered with the ability to respond to the risk as it Answer option B is incorrect. Harry is the project manager and likely would not be the risk owner Answer option C is incorrect. The project sponsor authorizes the project but does not participate in execution of the project. Answer option D is incorrect. While a subject matter expert may be the risk owner on some occasions, he would not be the risk owner on every occasion.

Topics

#risk owner#risk response implementation#contingency plan#roles and responsibilities

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