Certified in Risk and Information Systems Control (CRISC) — Question 1342

You are the project manager of the NHH Project. You are working with the project team to create a plan to document the procedures to manage risks throughout the project. This document will define how risks will be identified and quantified. It will also define how contingency plans will be implemented by the project team.
What document do you and your team is creating in this scenario?

Answer options

Correct answer: D

Explanation

The correct answer is D, Risk management plan, as it specifically addresses the identification, quantification, and management of risks. Options A, B, and C do not focus exclusively on risks; the Project plan is broader, the Resource management plan deals with resource allocation, and the Project management plan encompasses all aspects of project management, not just risk.