Risk Response in Project Management

Who Should Respond to a Preplanned Risk in Project Management?

Question

Diane is the project manager of the HGF Project.

A risk that has been identified and analyzed in the project planning processes is now coming into fruition.

What individual should respond to the risk with the preplanned risk response.

Answers

Explanations

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A. B. C. D.

B.

The correct answer is B. Risk owner.

In risk management, the risk owner is the person responsible for implementing the risk response plan. The risk owner is also responsible for monitoring the effectiveness of the risk response plan and making any necessary adjustments.

In this scenario, Diane is the project manager, but she is not necessarily the risk owner. The risk owner should have been identified during the risk identification and analysis process, and the risk response plan should have specified who the risk owner is for each identified risk.

The project sponsor is not typically responsible for implementing the risk response plan; their role is to provide overall support for the project and ensure that it aligns with the organization's goals.

A subject matter expert may be consulted for their expertise in a particular area, but they are not typically responsible for implementing the risk response plan.

Therefore, the best answer is B. Risk owner, as they have the responsibility to implement the preplanned risk response.