You are the project manager in your enterprise. You have identified occurrence of risk event in your enterprise. You have pre-planned risk responses. You have monitored the risks that had occurred. What is the immediate step after this monitoring process that has to be followed in response to risk events?
After monitoring the risks that have occurred, the immediate step that should be followed is to update the risk register. Updating the risk register ensures that all relevant information about the risk event, including its management, the effectiveness of the responses, and any residual risks, is accurately documented. This is critical for maintaining a current record of risks and enables better decision-making and risk management in the future.
The immediate step after monitoring risks that have occurred is: B. Update the risk register Updating the risk register ensures that all details about the risk event, including how it was managed, the effectiveness of the response, and any residual risk, are accurately recorded. This step is crucial for maintaining an up-to-date record of risks and responses, which helps in future risk management and decision-making processes.