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hasdecidednottochangetheprojectmanagementplantodealwitharisk,orisunabletoidentify
anyothersuitableresponsestrategy.Thisstrategycanbeeitherpassiveoractive.
Passiveacceptancerequiresnoactionexcepttodocumentthestrategy,leavingtheprojectteamto
dealwiththeriskastheyoccur,andtoperiodicallyreviewthethreattoensurethatitdoesnot
change significantly. Themost common activeacceptancestrategyis to establishacontingency
reserve,includingamountsoftime,money,orresourcestohandletherisks.
- Answer: A.
PMBOK® Guide, pages 417 - 418 , Section 11.2.3, Figure 11 - 6
Identify Risks: Outputs
- RiskRegister
TheprimaryoutputfromIdentifyRisksistheinitialentryintotheriskregister.Theriskregisterisa
documentinwhichtheresultsofriskanalysisandriskresponseplanningarerecorded.Itcontains
the outcomes of the other risk management processes as they areconducted, resultingin an
increaseinthelevelandtypeofinformationcontainedintheriskregisterovertime.Thepreparation
oftheriskregister beginsintheIdentifyRisks processwiththe followinginformation,and then
becomesavailabletootherprojectmanagementandriskmanagementprocesses:
List of identifiedrisks...
List of potentialresponses...
- Answer: A.
PMBOK®Guide,page 414 ,Section 11. 2. 2. 2
DataGathering
Checklists.Achecklistisalistofitems,actions,orpointstobeconsidered.Itisoftenusedasa
reminder.Riskchecklistsaredevelopedbasedonhistoricalinformationandknowledgethathas been
accumulatedfromsimilarprojectsandfromothersourcesofinformation.Theyareaneffective way
tocapturelessonslearnedfromsimilarcompletedprojects,listingspecificindividualproject risks
checklistbasedonitsowncompletedprojectsormayusegenericriskchecklistsfromthe industry.
Whileachecklistsmaybequickandsimpletouse,itisimpossibletobuildanexhaustive one,and
careshouldbetaken toensurethatthechecklistisnotusedtoavoidtheeffortofproper risk
identification. Theproject teamshouldalso explore items thatdo not appear on thechecklist.
Additionally,thechecklistshouldbereviewedfromtimetotimetoupdatenewinformationaswellas
removeorarchiveobsoleteinformation.