All of the Following Activities Are Appropriate Upon Completion of Risk

question 11

Multiple Choice

All of the following activities are appropriate upon completion of risk response planning EXCEPT:

• A) The risk register should be updated to reflect the risk response strategies.
• B) The risk register should be baselined after planning is completed, and should not be updated once the project is in flight.
• C) The risk register should be updated to reflect any changes to the project schedule, budget or resource assignments.
• D) A single person should be assigned as the owner of each risk response strategy.

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Definitions:

Bullwhip Effect

A situation in supply chain management where slight shifts in demand from consumers cause increasingly amplified shifts in demand at the levels of manufacturers, distributors, and wholesalers.

Primary Causes

Fundamental reasons or root causes that directly lead to an event, situation, or outcome, distinct from secondary or tertiary factors.

Remedy

Refers to a treatment, solution, or means of correcting or improving a problem, situation, or condition.

Bullwhip Measure

A metric used to quantify the increase in fluctuation at higher tiers of a supply chain caused by small changes in demand at the consumer end.