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Which of the following is the purpose of a risk register?
Which of the following is the purpose of a risk register?
A . To define the level or risk using probability and likelihood
B . To register the risk with the required regulatory agencies
C . To identify the risk, the risk owner, and the risk measures
D . To formally log the type of risk mitigation strategy the organization is using
Answer: C
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From wiki,
A typical risk register contains:
A risk category to group similar risks
The risk breakdown structure identification number
A brief description or name of the risk to make the risk easy to discuss
The impact (or consequence) if event actually occurs rated on an integer scale
The probability or likelihood of its occurrence rated on an integer scale
The Risk Score (or Risk Rating) is the multiplication of Probability and Impact and is often used to rank the risks.
Common mitigation steps (e.g. within IT projects) are Identify, Analyze, Plan Response, Monitor and Control.
I think the answer is A.