Which of the following information does the project risk register typically contain?
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A. B. C. D.B.
The project risk register is a document used in project management that contains information about potential risks and their management throughout the project life cycle. It is an essential tool for tracking and monitoring project risks and their status.
The information that is typically included in the project risk register are as follows:
A. Type of risk: This refers to the general category or classification of the risk, such as technical, environmental, financial, legal, etc.
B. Identified risk: This refers to the specific risk that has been identified and listed in the risk register. It includes a description of the risk and the likelihood of occurrence.
C. Risk response: This refers to the actions that will be taken to address the identified risk, including risk avoidance, risk mitigation, risk transfer, or risk acceptance.
D. Impact of risk: This refers to the potential consequences or effects of the risk on the project objectives such as cost, schedule, quality, or performance.
E. Severity of risk: This refers to the level of impact or consequences of the risk, such as low, medium, or high.
Option A provides a comprehensive list of information typically included in the project risk register, whereas Option B only includes project task instead of identified risk. Option C includes project schedule risk, which is a type of risk, but not all risks are related to project schedule. Option D includes risk avoidance only, whereas risk response should include all available risk management strategies.
Therefore, the most appropriate answer is A. Type of risk, identified risk, risk response, impact of risk, severity of risk.