During a brainstorming session, a stakeholder identifies a risk that, if realized, could greatly impact their team. The stakeholder insists that this…

Adding the identified risk to the risk register is the best action that the risk manager can take to

address this risk. The risk register is a document that records the identified risks, their characteristics,

their status, and their responses. By adding the risk to the risk register, the risk manager can ensure

that the risk is not overlooked or ignored, and that it will be subjected to further probability and

impact analysis to determine its priority and response strategy. Accepting the identified risk because

other stakeholders feel that there are higher priority risks to address is not a good practice, as it may

lead to overlooking a potentially significant risk that could affect the stakeholder’s team. Mitigating

the identified risk in order to reduce the probability of impacting the stakeholder’s team is not

advisable, as it may be a premature or unnecessary action without proper analysis of the risk

probability and impact. Escalating the identified risk to the project sponsor and allowing them to

determine the best course of action is not appropriate, as it may be an overreaction or a sign of lack

of competence from the risk manager, who should be able to handle the risk identification and

analysis process. Reference: PMI Risk Management Professional (PMI-RMP)® Exam Content Outline1,

PMI Practice Standard for Project Risk Management2, Risk Management Professional (PMI-RMP)®

Cert Guide3