Consider the risk statement: “Because late design approval may delay procurement, equipment may arrive after installation begins, disrupting commissioning.” Which part states the possible effect?
5 Risk Registers and Ongoing Monitoring Online Quiz Questions
Use this free practice quiz with 20 questions to review 5 Risk Registers and Ongoing Monitoring, test your knowledge, and prepare for your next test or exam.
Which entry is the most specific, observable trigger for a possible supplier delay?
- A
The supplier may be late
- B
Supplier has not confirmed shipment by 15 May
- C
The shipment could cause problems
A project has a high-exposure risk whose conditions are changing quickly. Which review approach best fits the guidance?
- A
Review it frequently because its exposure is high and changing quickly
- B
Review it only at project close because it is already documented
- C
Use the same infrequent schedule for every risk
A project assigns one person to oversee a risk while another completes a particular response task. What is the role of the person overseeing the risk?
- A
The person assigned to complete every response task
- B
The person accountable for monitoring the risk and coordinating its response
- C
The person who records meeting minutes
During a scheduled risk review, which practices support a meaningful reassessment? Select all that apply.
- A
Check whether existing risks are still valid and whether new risks have emerged
- B
Change rating criteria each time to make the latest assessment look more favorable
- C
Check whether triggers are near or reached and whether actions are on track
- D
Use the same agreed criteria to reassess likelihood and impact
A project lead is preparing a risk update to help decision-makers act. Which information should the update emphasize? Select all that apply.
- A
Summarize significant risks and changes in exposure
- B
Identify triggers reached or approaching and overdue or ineffective responses
- C
Repeat every register entry without highlighting changes or decisions
- D
State decisions needed and risks that exceed agreed tolerance
When a risk occurs, the actual problem should be managed as an issue, while any remaining uncertainty may still be tracked as a risk.
- A
True
- B
False
A project team only needs to review risks at planned intervals, even when significant changes occur between reviews.
- A
True
- B
False
What is the shared project record called when it brings together uncertainties, potential effects, assessments, owners, and planned responses?
Which register field indicates whether a risk’s exposure is rising, stable, or falling?
When using the project’s agreed rating scale, a risk register commonly records likelihood, impact, and .
To make a response action trackable, record an owner and a for the action.
A response action is overdue, and monitoring shows that it has not reduced the risk exposure. What should the team do next, and when might escalation be appropriate?
A project manager records: “Because supplier qualification is incomplete, a shipment may arrive late, delaying system testing.” Which option correctly identifies the cause, uncertain event, and possible effect, in that order?
- A
Cause: testing is delayed; event: qualification is incomplete; effect: shipment may arrive late.
- B
Cause: qualification is incomplete; event: shipment may arrive late; effect: system testing may be delayed.
- C
Cause: shipment may arrive late; event: testing is delayed; effect: qualification is incomplete.
- D
Cause: qualification is incomplete; event: system testing is delayed; effect: shipment may arrive late.
A team wants a trigger for the risk that a software integration may fail. Which proposed trigger is most specific and checkable?
- A
The integration could be difficult.
- B
The software team is concerned about integration.
- C
A required integration test fails on two consecutive runs.
- D
Integration problems may occur near launch.
When a risk happens, record and manage the actual problem as an issue, while retaining any remaining uncertainty as a risk if appropriate.
- A
True
- B
False
A response plan has one person coordinating the overall response and several people assigned individual tasks. Which description correctly distinguishes the roles?
- A
The risk owner oversees the risk and coordinates its response; action owners complete assigned tasks.
- B
The action owner oversees the risk; the risk owner completes every task in the response.
- C
The risk owner records the risk; action owners decide whether it should be escalated.
- D
The risk owner and action owners are interchangeable roles with the same responsibilities.
What risk-register field summarizes whether exposure is rising, stable, or falling?
A project has some high-exposure risks that can change quickly and some lower-exposure risks that are relatively stable. How should the team set review frequency?
- A
Review every risk only at project start and close, regardless of changing conditions.
- B
Review high-exposure or fast-changing risks more frequently, and review others less often as appropriate.
- C
Review all risks on the same fixed schedule, even if their exposure and pace differ.
- D
Review a risk only after its trigger has been reached.
Alongside an owner, what scheduling field should be recorded for each risk-response action?
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