PrepAway - Latest Free Exam Questions & Answers

What should Jenny do with these risk events?

Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?

PrepAway - Latest Free Exam Questions & Answers

A.
The events should be entered into the risk register.

B.
The events should continue on with quantitative risk analysis.

C.
The events should be determined if they need to be accepted or responded to.

D.
The events should be entered into qualitative risk analysis.

Explanation:

All identified risk events should be entered into the risk register.

Risk register is a document that contains the results of the qualitative risk analysis, quantitative risk analysis, and risk response planning. Description, category, cause, probability of occurring, impact on objectives, proposed responses, owner, and the current status of all identified risks are put in the risk register.

Answer option D is incorrect. Before the risk events are analyzed they should be documented in the risk register.

Answer option B is incorrect. These risks should first be identified, documented, passed through qualitative risk analysis and then it should be determined if they should pass through the quantitative risk analysis process.

Answer option C is incorrect. The risks should first be documented and analyzed.

Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"


Leave a Reply