What should Billy tell management if he’s following the best practices for risk management?

Billy is the project manager of the HAR Project and is in month six of the project. The project is
scheduled to last for 18 months.
Management asks Billy how often the project team is participating in risk reassessment in this
project. What should Billy tell management if he’s following the best practices for risk
management?

Billy is the project manager of the HAR Project and is in month six of the project. The project is
scheduled to last for 18 months.
Management asks Billy how often the project team is participating in risk reassessment in this
project. What should Billy tell management if he’s following the best practices for risk
management?

A.
Project risk management has been concluded with the project planning.

B.
Project risk management happens at every milestone.

C.
Project risk management is scheduled for every month in the 18-month project.

D.
At every status meeting the project team project risk management is an agenda item.

Explanation:

Risk management is an ongoing project activity. It should be an agenda item at every project
status meeting.
Answer B is incorrect. Milestones are good times to do reviews, but risk management should
happen frequently.
Answer C is incorrect. This answer would only be correct if the project has a status meeting just
once per month in the project.
Answer A is incorrect. Risk management happens throughout the project as does project planning.



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