Risks with low ratings of probability and impact are included for future monitoring in which of the following?
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A. B. C. D.C.
Watch-list contains risks with low rating of probability and impact.
This list is useful for future monitoring of low risk factors.
Incorrect Answers: A, B: No such documents as risk alarm and observation list is prepared during risk identification process.
D: 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.
The correct answer is C. Watch-list.
A watch-list is a list of risks that are considered to have a low probability and/or impact but are still important enough to monitor. These risks are not considered to be high-priority, but they are still included in the watch-list to keep an eye on them and to identify any changes that may affect their likelihood or impact.
A risk alarm is an automated notification triggered when a risk event occurs or a risk threshold is breached. Risk alarms are typically used for high-priority risks, and are designed to alert key stakeholders to take immediate action.
An observation list is a list of potential risks that require further analysis or investigation. Risks on the observation list have not yet been fully assessed and are typically included for future analysis.
A risk register is a document that provides an overview of all identified risks, their probability, impact, and status. The risk register is typically used to track the progress of risk management activities and to ensure that risks are being effectively managed.
In summary, a watch-list is the most appropriate option for including risks with low ratings of probability and impact for future monitoring.