A risk response plan can
A) ignore the risk or pay for the risk.
B) examine the risk.
C) avoid the risk, mitigate the risk, or accept the risk.
D) record the risk for lessons learned.

Question

Quizplus · Accepted Answer

A risk response plan must address the identified risks. Ignoring the risk or paying for the risk is not a valid risk response plan. Examining the risk is part of the risk management process, but it does not provide a response to the risk. A risk response plan must choose from available options to respond to the risk, including avoiding the risk, mitigating the risk, or accepting the risk. Recording the risk for lessons learned is also an important aspect of risk management, but it is not a risk response plan.

A Risk Response Plan Can