You are the project manager of the GHY project for your organization. You are about to start the
qualitative risk analysis process for the project and you need to determine the roles and
responsibilities for conducting risk management. Where can you find this information?
A.
Risk register
B.
Staffing management plan
C.
Risk management plan
D.
Enterprise environmental factors
Explanation:
The risk management plan defines the roles and responsibilities for conducting risk
management. A Risk management plan is a document arranged by a project manager to estimate
the effectiveness, predict risks, and build response plans to mitigate them. It also consists of the
risk assessment matrix. Risks are built in with any project, and project managers evaluate risks
repeatedly and build plans to address them. The risk management plan consists of analysis of
possible risks with both high and low impacts, and the mitigation strategies to facilitate the project
and avoid being derailed through which the common problems arise. Risk management plans
should be timely reviewed by the project team in order to avoid having the analysis become stale
and not reflective of actual potential project risks. Most critically, risk management plans include a
may define the roles that risk management officials or departments play in the project, but the best
management plan does not define the risk management roles and responsibilities.