A project manager is reviewing the risk register during a status meeting. A risk that was previously rated as high probability and high impact has not occurred, but the team has implemented a mitigation plan. What should the project manager do?

Remove the risk from the risk register because it has not occurred.

Reassess the risk's probability and impact and update the risk register accordingly.

Close the risk because the mitigation plan is in place.

Increase the risk score because the mitigation plan was implemented.

A project manager is reviewing the risk register and finds that several risks have not been updated since the project started. The project is halfway through execution. What is the most important reason to update the risk register regularly?

To document all risks that have occurred.

To ensure the risk scores reflect the current probability and impact.

To remove risks that have not occurred.

To satisfy the project sponsor's reporting requirements.

A project manager is assigning risk owners for a list of identified risks. One risk involves a potential security breach in the new software. The project manager assigns the risk to the lead developer. What is the primary responsibility of the risk owner?

To approve the risk response plan.

To identify all potential risks in the project.

To monitor the risk and implement the agreed-upon response.

To decide which risks should be added to the risk register.

CompTIAProject+

Domain 1Objective 4

Risk Management PK0-005 Practice Questions (Page 5)

Part of the Project management concepts domain, which accounts for 33% of the PK0-005 exam. CompTIA does not publish an official question count, but from its 90-minute exam (~35–60 total, ~12–20 in this domain), expect 1–2 from this objective — we provide 32 practice questions to prepare you well beyond it. (estimate)

32questions here

7free pages

7concepts

33%of the exam

Questions 21–25

21foundation · easy
A project manager decides to change the project approach to completely eliminate a high-impact risk. This is an example of which risk response strategy?
Select an answer first
22application · medium
A project manager is reviewing the risk register during a status meeting. A risk that was previously rated as high probability and high impact has not occurred, but the team has implemented a mitigation plan. What should the project manager do?
Select an answer first
23expert · hard
A project manager is reviewing the risk register and finds that several risks have not been updated since the project started. The project is halfway through execution. What is the most important reason to update the risk register regularly?
Select an answer first
24expert · hard
A project manager is assigning risk owners for a list of identified risks. One risk involves a potential security breach in the new software. The project manager assigns the risk to the lead developer. What is the primary responsibility of the risk owner?
Select an answer first
25foundation · easy
Which document is used to record identified risks, their analysis, and planned responses?
Select an answer first

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Risk Management PK0-005 Practice Questions (Page 5)

Questions 21–25

A project manager decides to change the project approach to completely eliminate a high-impact risk. This is an example of which risk response strategy?

A project manager is reviewing the risk register during a status meeting. A risk that was previously rated as high probability and high impact has not occurred, but the team has implemented a mitigation plan. What should the project manager do?

A project manager is reviewing the risk register and finds that several risks have not been updated since the project started. The project is halfway through execution. What is the most important reason to update the risk register regularly?

A project manager is assigning risk owners for a list of identified risks. One risk involves a potential security breach in the new software. The project manager assigns the risk to the lead developer. What is the primary responsibility of the risk owner?

Which document is used to record identified risks, their analysis, and planned responses?

Keep studying — Project management concepts