Documentation Updates for Risk Response Planning
Question
Joan is the project manager of the BTT project for her company.
She has worked with her project to create risk responses for both positive and negative risk events within the project.
As a result of this process Joan needs to update the project document updates.
She has updated the assumptions log as a result of the findings and risk responses, but what other documentation will need to be updated as an output of risk response planning?
Answers
Explanations
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A. B. C. D.D.
The risk response planning process is a critical component of project management that involves identifying, assessing, and responding to risks that may impact the success of a project. As part of this process, the project manager will need to update several project documents to reflect the findings and risk responses.
Based on the question, the assumptions log has already been updated. However, other documentation that will need to be updated includes:
A. Lessons learned: This document captures the knowledge gained during the project and is typically updated throughout the project life cycle. As risk responses are implemented, lessons learned will be identified and documented to help improve future projects.
B. Scope statement: The scope statement outlines the project's goals, deliverables, tasks, and budget. As risk responses are implemented, the scope may change, and the scope statement will need to be updated to reflect those changes.
C. Risk Breakdown Structure (RBS): The RBS is a hierarchical representation of all project risks. As risk responses are implemented, the RBS will need to be updated to reflect changes in the risks and their response strategies.
D. Technical documentation: Depending on the type of risk response, technical documentation may need to be updated. For example, if a risk response involves implementing a new technology or system, the technical documentation for that system will need to be updated to reflect the changes.
In summary, as a result of risk response planning, the project manager will need to update various project documents, including the assumptions log, lessons learned, scope statement, risk breakdown structure, and technical documentation, depending on the type of risk response implemented.
