You are the project manager for your company and a new change request has been approved for
your project. This change request, however, has introduced several new risks to the project. You
have communicated these risk events and the project stakeholders understand the possible
effects these risks could have on your project. You elect to create a mitigation response for the
identified risk events. Where will you record the mitigation response?

A.
Risk register

B.
Risk log

C.
Project management plan

D.
Risk management plan

Explanation:

The Identified risks and potential responses are documented in the risk register. A risk register is
an inventory of risks and exposure associated with those risks. Risks are commonlyfound in
project management practices, and provide information to identify, analyze, and manage risks.
Typically a risk register contains:
A description of the risk
The impact should this event actually occur

The probability of its occurrence
Risk Score (the multiplication of Probability and Impact)
A summary of the planned response should the event occur
A summary of the mitigation (the actions taken in advance to reduce the probability and/or impact
of the event)
Ranking of risks by Risk Score so as to highlight the highest priority risks to all involved.
Answer D is incorrect. The risk management plan is an input to the risk response planning, but it
is not the best choice for thisquestionoption B is incorrect. This is not a valid choice for
thequestionoption C is incorrect. The project management plan is the parent of the risk
management plan, but the best choice is the risk register.