You are the project manager of the GHY project for your company. This project has a budget of
$543,000 and is expected to last 18 months. In this project, you have identified several risk events
and created risk response plans. In what project management process group will you implement
risk response plans?
A.
Monitoring and Controlling
B.
In any process group where the risk event resides
C.
Planning
D.
Executing
Explanation:
The monitor and control project risk process resides in the monitoring and controlling project
management process group. This process is responsible for implementing risk response plans,
tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk
process effectiveness through the project.
Answer C is incorrect. Risk response plans are not implemented as part of project planning.
Answer D is incorrect. Risk response plans are not implemented as part of project execution.
Answer B is incorrect. Risk response plans are implemented as part of the monitoring and
controlling process group.