CRISC: Certified in Risk and Information Systems ControlDemo

Question

You and your project team have identified several project risk events and documented them in the risk register. As part of recording these events, you identify a risk owner. Who is a risk owner?

A A risk owner is the party that will monitor the risk events.
B A risk owner is the party that will pay for the cost of the risk event if it becomes an issue.
C A risk owner is the party that has caused the risk event.
D A risk owner is the party authorized to respond to the risk event.

Explanation

A risk owner is the person or party with responsibility and authority to manage a specific risk, including selecting and implementing an appropriate response. Monitoring is part of that role, but authority to respond distinguishes the owner from someone who only tracks the risk.

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PMI Lexicon of Project Management Terms

CRISC: Certified in Risk and Information Systems ControlDemo

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