You are working as a project manager in Bluewell Inc.
You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities.
For your project archives, which one of the following is an output of risk monitoring and control?
Click on the arrows to vote for the correct answer
A. B. C. D.D.
Of all the choices given, only requested changes is an output of the monitor and control risks process.
You might also have risk register updates, recommended corrective and preventive actions, organizational process assets, and updates to the project management plan.
Incorrect Answers: A, C: These are the plan risk management processes.
B: Risk audit is a risk monitoring and control technique.
The correct answer is B. Risk audits.
Risk monitoring and control is an essential part of project management, and it is the process of identifying, analyzing, and planning responses to project risks. Risk monitoring and control is important because it helps ensure that project risks are addressed in a timely and effective manner.
The output of risk monitoring and control includes a number of different items, but one of the most important is the risk audit. A risk audit is a formal review of the project's risk management processes to ensure that they are effective and efficient. The purpose of the risk audit is to identify any areas where the risk management processes may not be working as intended, and to recommend improvements to those processes.
A risk audit typically involves a review of the project's risk management plan, risk registers, and other risk-related documentation. The auditor will assess the effectiveness of the risk management processes by comparing the actual results to the planned results, and by looking for any gaps or deficiencies in the project's risk management processes.
The other answer choices are incorrect because they are not direct outputs of risk monitoring and control. Qualitative risk analysis and quantitative risk analysis are both inputs to the risk monitoring and control process, and they are used to help identify and analyze project risks. Requested changes may be an output of risk monitoring and control, but they are not specific to risk management and may be related to other project management processes.