PMP micro learning videos Series - PMP Free Question 3: Identify high-level risks
While proposing the implementation strategy for the project, you are also identifying high-level risks, where will you record these risks?
A. Project Business Case
B. Project Charter
C. Risk Register
D. Project Management Plan
Project Business Case – It is a documented feasibility study to establish the benefit of doing the project.
The Project Business Case includes risks related to the situation in hand.
Risks associated with the recommended solution
Project Charter - The project charter is issued by the project sponsor that formally authorizes the existence of a project. It documents the high-level information on the project. Overall project risks are documented in Project Charter.
Risk Register - The risk register captures details of identified individual project risks.
Project Management Plan - The project management plan describes how the project will be executed, monitored, and controlled. The Project Management Plan includes the Risk management plan.
To come to an answer it is imporant to know which Project Management Process the project manager might be executing while doing this?
The Project Manager is Executing “Develop Project Charter”
When you are in Develop Project Charter, documenting high-level risks in Project Charter can create stakeholders awareness. The correct answer is Project Charter.
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