Implementing Controls for GHT Project Risks
Question
You are the project manager of GHT project.
You have planned the risk response process and now you are about to implement various controls.
What you should do before relying on any of the controls?
Answers
Explanations
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A. B. C. D.AC.
Pilot testing and reviewing of performance data to verify operation against design are done before relying on control.
Incorrect Answers: B: Discovering risk exposure helps in identifying the severity of risk, but it does not play any role in specifying the reliability of control.
D: Articulating risk is the first phase in the risk response process to ensure that information on the true state of exposures and opportunities are made available in a timely manner and to the right people for appropriate response.
But it does not play any role in identifying whether any specific control is reliable or not.
As the project manager of the GHT project, after planning the risk response process, before relying on any of the controls, it is important to conduct pilot testing (Option C).
Pilot testing allows for a small-scale implementation of the controls, to evaluate their effectiveness and identify any potential issues or gaps in the implementation process. It is a way to test the controls in a controlled environment, before rolling them out on a larger scale.
Reviewing performance data (Option A) is important, but it should come after the pilot testing stage, as it allows for the analysis of data generated during the pilot testing phase, to measure the effectiveness of the controls.
Discovering risk exposure (Option B) is an important part of the risk management process, but it should have been done before the risk response process, as it involves identifying potential risks that could affect the project.
Articulating risk (Option D) is important, but it is also a part of the risk management process that should have been done before the risk response process. Articulating risk involves identifying, analyzing, and prioritizing risks, which would have already been completed before planning the risk response process.
In conclusion, the best option to do before relying on any of the controls is to conduct pilot testing (Option C), to ensure that the controls are effective and any potential issues are identified and addressed before rolling them out on a larger scale.
