You are the project manager for your organization. You have recently noted some risks associated with some of the activities in your project. These risks can have schedule and costs impacts on your project and you need to address the risks through qualitative and quantitative analysis to confirm the depth of possible impact. Where should you document the risk information concerning the activities in your project schedule?
Correct Answer: C
Explanation/Reference:
Explanation:
The project risks are documented in the risk register - including the probability and impact information. The risk register is an output of the Identify Risks process. Risk register is a document that contains the results of the qualitative risk analysis, quantitative risk analysis, and risk response planning. Description, category, cause, probability of occurring, impact on objectives, proposed responses, owner, and the current status of all identified risks are put in the risk register.
Incorrect Answers:
A: The risk management plan addresses that how risks will be identified, monitored, and controlled.
B: The schedule management plan addresses how the schedule will be created, executed, and controlled.
D: The activity attributes information is needed, but risks are not part of the activity attributes.