Which is a responsibility of a risk owner?
A) Identify risks to the project that might occur in their department
B) Own and authorize the use of the risk budget to fund risk responses
C) Manage, monitor and control all aspects of an assigned risk
D) Determine project risk appetite

Question

Quizplus · Accepted Answer

As the name suggests, the risk owner is responsible for managing and controlling a specific risk. This includes developing response plans, monitoring the risk, and implementing actions to mitigate the risk. Option A is a task that can be assigned to anyone responsible for a department, and option D is typically the responsibility of the project sponsor or steering committee. Option B is the responsibility of the project manager, not the risk owner.

Which Is a Responsibility of a Risk Owner