PMI Risk Management Professional (PMI-RMP) — Question 5
The team has just completed a risk response planning session and identified responses for all the high and medium priority risks. What should the team do with the remaining low priority risks?
Answer options
- A. Create risk responses later, as time allows.
- B. Add the risks to a watchlist for periodic monitoring.
- C. Remove the risks from the risk register.
- D. Conduct a low priority risk response planning workshop with key stakeholders.
Correct answer: B
Explanation
The correct answer is B because low priority risks can be monitored without immediate action, ensuring that they do not escalate. Option A is incorrect as it suggests delaying action indefinitely, which could lead to missed opportunities to address the risks. Option C is not advisable as removing risks from the register could lead to a lack of awareness. Option D is unnecessary since low priority risks do not require immediate response planning.