Risk Management Professional Exam Prep

Category - Risk Management

What should a risk register include?
  1. List of risks
  2. List of responses to risks
  3. Categories of risk
  4. Impact assessment/estimate
  5. All of the above
Explanation
Answer: e - A well-executed risk register should contain information on the specific risks, what is being done to do with it (or how it would be dealt with if it occurred, some analysis of the overall impact, and perhaps a categorization (useful on big projects with many risks).

Key Take Away: A risk register serves a centralized repository for risk management. Any newly identified risks should be added, and the document should be periodically reviewed and updated.
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