PMI-RMP Exam Dumps | At the beginning of a small project, the risk manager facilitates workshops to identify and analyze risks.

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Question 21/132

At the beginning of a small project, the risk manager facilitates workshops to identify and analyze risks. At the end of the sessions, a stakeholder says that there should be no need to meet again about the risk register now that it's complete since it is such a short and simple project.
How should the risk manager respond to this comment?

A. The risk register must only be updated if a change is approved during the project.

B. Agree on the condition that the risk register be updated if the project environment changes.

C. Compromise by updating the risk register at the end of each phase only.

D. Insist on continuous review and updating of the risk register during the project.

Correct Answer: D

Risks are dynamic and must be continuously monitored and updated throughout the project lifecycle, regardless of project size or duration. The PMBOK Guide specifies that risk monitoring is an ongoing process:
"Risks are monitored throughout the project. The risk register should be updated as new risks are identified, existing risks change, or as risk responses are implemented."
- PMBOK Guide, 6th Edition, Section 11.7 (Monitor Risks)
Continuous review ensures that new risks are captured and previously identified risks are managed appropriately.
References:
PMI PMBOK Guide, 6th Edition, Section 11.7
ISO 31000:2018, Section 6.7

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