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Exam (elaborations)

11.6 Implement Risk Responses Verified Exam Score A+.

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Key Benefit - correct answer It ensures that agreed-upon risk responses are executed as planned in order to address overall project risk exposure, minimize individual project threats, and maximize individual project opportunities Inputs - correct answer .1 Project Management Plan -Risk Management Plan .2 Project Documents -Lessons Learned Register -Risk Register -Risk Report .3 Organizational Process Assets Tools & Techniques - correct answer .1 Expert Judgement .2 Interpersonal & Team Skills -Influencing .3 Project Management Information System Outputs - correct answer .1 Change Requests .2 Project Documents Updates -Issue Log -Lessons Learned Register -Project Team Assignments -Risk Register -Risk Report Inputs: Project Management Plan: Risk Management Plan - correct answer Lists the roles and responsibilities of project team members and other stakeholders for risk management. Used when allocating owners for agreed-upon risk responses. Defines the level of detail for the risk management methodology for the project. Specifies risk thresholds for the project based on the risk appetite of key stakeholders, which define the acceptable target that he implementation of risk responses is required to achieve Inputs: Project Documents: Lessons Learned Register - correct answer Learned earlier in the project with regard to implementing risk responses can be applied to later phases in the project to improve the effectiveness of this process Inputs: Project Documents: Risk Register - correct answer Records the agreed-upon risk response for each individual risk and the nominated owners

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