PMI-RMP The Risk Register 2

Question 1

During which process is the risk register first created?

Accepted Answer

Identify Risks

Answer

Plan Risk Management

Answer

Perform Quantitative Risk Analysis

Answer

Monitor Risks

Question 2

Which element is typically NOT recorded in the risk register at the moment of risk identification?

Accepted Answer

Detailed quantitative cost impact in dollars

Answer

Risk description

Answer

Potential risk owner

Answer

List of potential responses

Question 3

What does the 'risk owner' field in the risk register designate?

Accepted Answer

The person responsible for monitoring the risk and its response

Answer

The person who caused the risk

Answer

The project sponsor only

Answer

The vendor who supplies materials

Question 4

After Plan Risk Responses, what new information is added to the risk register?

Accepted Answer

Agreed-upon response strategies and response owners

Answer

Only the WBS

Answer

The project charter

Answer

Stakeholder communication preferences

Question 5

How does the risk register differ from the risk report?

Accepted Answer

The register lists individual risks; the report summarizes overall project risk and individual risk info

Answer

They are identical documents

Answer

The report lists individual risks only

Answer

The register contains no risk data

Question 6

A risk's status is updated to 'closed' in the register when:

Accepted Answer

The risk can no longer occur or its trigger window has passed

Answer

The project ends regardless of the risk

Answer

The risk owner leaves the project

Answer

The risk is identified

Question 7

Which document feeds risk-related lessons into organizational process assets at project close?

Accepted Answer

The risk register and risk report

Answer

The project budget only

Answer

The procurement contract

Answer

The communications plan