A Project Manager Has Updated the Risk Register with the Current

question 242

Multiple Choice

A project manager has updated the risk register with the current risk status, probability, and impact. Risk IDs 2 and 6 have now been realized. Which of the following is the NEXT appropriate step for the project manager to take?

• A) Identify risk strategies for the realized events
• B) Change the risk status to closed for 2 and 6
• C) Consult the risk management plan
• D) Update the issue log

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Definitions:

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.

Market Price

The market price is the current price at which an asset or service can be bought or sold in a marketplace.

Corporate Dividends

Funds disbursed by a corporation to its shareholders, typically as a distribution from profits.

Information Content Effect

The phenomenon where stock prices adjust in response to new information being released, reflecting its value or implications.