Free PMI Project Management Professional (PMP) Practice Question

Why is the Risk Register a critical component in project risk management?

  • To manage risk resolution considering stakeholder engagement and multifaceted project requirements.

  • To comprehensively document and manage all identified risks, enabling continuous monitoring and stakeholder communication.

  • To record the potential financial impacts of risks for proper budgetary considerations, taking into account varied inputs.

  • To inform stakeholders about identified risks, encouraging periodic reassessment and diligent tracking.

This question's topic:
PMI Project Management Professional (PMP) / 
Process
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