Correct Answer: E
There is nothing like 'Risk Response control', hence I choose E.I believe Question #124 is another of those outdated Risk questions that should be eliminated from the bank of practice questions. The 1996 PMBoK Guide identifies four processes in Project Risk Management; Risk Identification, Risk Quantification, Risk Response Development and Risk Response Control. So, based on 1996 standards, 'C' is correct. However, we are now working with the 2000 PMBoK Guide and things have changed significantly with respect to Project Risk Management. In the 2000 edition, Project Risk Management is comprised of six processes; Risk Management Planning, Risk Identification, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Response Planning and Risk Monitoring and Control.