QuestionQ834

Risk Response and Reporting

Stephen is the project manager for the GBB project. He has worked with two subject matter experts and his project team to complete the risk assessment technique. About 47 risks have a low probability and a low impact on the project. Which answer best describes what Stephen should do with these risk events?

  • A Because they are low probability and low impact, Stephen should accept the risks.
  • B The low probability and low impact risks should be added to a watchlist for future monitoring.
  • C Because they are low probability and low impact, the risks can be dismissed.
  • D The low probability and low impact risks should be added to the risk register.
Explanation

Risks with both low probability and low impact are low-priority risks. They are placed on a watchlist so they can be monitored in case their probability or impact changes.

Community Discussion

No comments yet. Be the first to start the discussion!