Management has asked you to perform a risk audit and report back on the results.
Bonny, a project team member asks you what a risk audit is. What do you tell Bonny?
A.
A risk audit is a review of the effectiveness of the risk responses in dealing with identified risks
and their root causes, as well as the effectiveness of the risk management process.
B.
A risk audit is a review of all the risks that have yet to occur and what their probability of
happening are.
C.
A risk audit is an audit of all the risks that have occurred in the project and what their true
impact on cost and time has been.
D.
A risk audit is a review of all the risk probability and impact for the risks, which are still present
in the project but which have not yet occurred.
Explanation: