Project Management Professional (PMP) — Question 514

A project manager is leading a project that is in an advanced stage. All high-level risks identified in the risk management plan have been resolved or are no longer a risk for the project. Only low-level risks remain.
What should the project manager do now?

Answer options

• A. Reclassify low-level risks as high-level risks.
• B. Notify stakeholders that all high-level risks have been resolved.
• C. Reduce the priority of project risks as all remaining risks are low-level.
• D. Reevaluate identified risks and update the risk register.

Correct answer: D

Explanation

The correct answer is D because it's essential for the project manager to continually assess risks, even if they are low-level, and maintain an updated risk register. Options A and C are incorrect as they suggest inappropriate actions regarding risk classification and priority, while B, although informative, does not address the need for ongoing risk management.