A new risk manager has been hired on a project and meets with the project director. The project director supplies the project’s risk register and asks the risk manager for an analysis of its effectiveness.
What two actions should the risk manager do next? (Choose two.)
To analyze the effectiveness of the risk register, the risk manager should first check for risk classification and that probability and impact are identified, as these are fundamental components of risk analysis. Additionally, it is essential to ensure that risk origin, triggering event, and ownership are identified, as this information is crucial for understanding and managing the risks effectively. Checking meeting agendas and supporting documents, while important for communication, does not directly relate to the effectiveness of the risk register itself.
If we download a Risk Register from PMI webpage, we can see options A and D are in the file. So in order to see if the Risk Register has been updated in an effective way we should see parameters inside of this document. Checking meeting agendas is important for communication purposes but it is not related to the effectiveness of the documentation of the Risk Register