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Harry works as a project manager for BlueWell Inc. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. Who among the following is responsible for implementing the risk responses or contingency plan?
Correct Answer: A
Explanation/Reference: Explanation: The risk owner is the individual on the project team that is closest to the risk event. The risk owner can be an individual or an organization responsible for implementing risk responses or contingency plan. The risk owner should be empowered with the ability to respond to the risk as it was planned. Incorrect Answers: B: Harry is the project manager and likely would not be the risk owner as well. C: The project sponsor authorizes the project but does not participate in execution of the project. D: While a subject matter expert may be the risk owner on some occasions, he would not be the risk owner on every occasion.