A well-established project begins to experience cost overruns and falls behind schedule. The project risk register identifies many risks and risk response plans in place, yet many risks are transitioning into issues. As the risks occur and become issues, many of the response plans are in progress, but not complete. The data from this graph represents the status of the project risks.
Based on this information, what improvement to the risk management process is required?
The graph illustrates that many risks have been identified and analyzed, and response plans have been developed, but few response plans have been completed and risks closed. The conversion of many risks into issues suggests that the execution of response plans is lagging. Therefore, reviewing the remaining risk response plans and investing in schedule quality improvements would likely be the most effective approach to address the current problems and prevent further risks from becoming issues.
c is correct
c is correct
Numbers add up. A lot of risks were transformed in issues >> Reactive response, loss of control, Reputational damage, etc. They should close the remaining issues.
The implementation of the responses seems to be to slow. I go for option D