Register now or log in to join your professional community.
A. Risks that arise due to quality issues
B. None of the choices are correct
C. Risks that still remain after implementing a risk response
D. Risk that come about as a direct result of implementing a risk response
Risks still remain after implementation of risk response
Option (C) -------------------
It is the risk that is still there after the impact of the know risk control have been applied
The first step in risk management is to identify the different types of risk present within a business or organization. The second step is to design and implement risk mitigation strategies, policies, processes and controls.
At the end of the day any risk that cannot be mitgated or controlled is residual risk. An example is that of a "Black Swan Event". Another may be an unforeseen disaster.
You cannot identify all risks and cannot mitigate all that have been identified. There will always be some risks that remain and these are residual risks.
Its a simple squestion and yes the asnwer is C
The PMBOK Guide defines Residual Risks as "those risks which are expected to remain after the planned response of risk has been taken, as well as those that have been deliberately accepted"
By Defination: Option-C is answer i.e. Risks that still remain after implementing a risk response
It is C (Risks that still remain after implementing a risk response)
Thanks for the invitation.
Cis the obivious answer. Risks that remain even after implementing risk response are known as ' Residual Risks ' .
Residual risk is the threat that remains after all efforts to identify and eliminate risk have been made.