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You are the project manager of the NJJ project. Your enterprise environmental factors require that you establish certain risk management rules regarding low risks within your project. What is the best policy for risks with low probability and low impact in the project management?
Suggested Answer: D
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29 comments · newest first
DO
Doug
6 months ago
D seems wise. Better safe than sorry, right?
FR
Francisca
6 months ago
I lean towards C. Why waste time on low risks?
DA
Dacia
6 months ago
I feel like B is too dismissive. We should at least identify them.
GA
Gaston
7 months ago
I disagree, option D makes sense. Monitor them just in case.
CA
Casandra
7 months ago
Not sure about this, but I feel like they should at least be noted somewhere.
RU
Rusty
7 months ago
Wait, why would we even identify them if we're just going to dismiss them?
ES
Estrella
8 months ago
Placing them on a watchlist seems unnecessary.
NI
Nicholle
8 months ago
Definitely agree with option C!
CO
Corrina
8 months ago
I think low risks should just be accepted.
YE
Yesenia
8 months ago
C) These risks should be accepted. Ain't nobody got time for babysitting low-risk stuff.
AL
Alberta
8 months ago
B) These risks should be identified, but dismissed. Why waste time on low-risk issues?
SA
Samira
8 months ago
D) These risks should be placed on a watchlist for future monitoring. Better safe than sorry!
ME
Mee
9 months ago
I’m confused about whether to put them in the risk register or just accept them. I feel like they should at least be noted somewhere.
RO
Roxane
9 months ago
I’m leaning towards saying these risks should be identified but dismissed. It seems like a reasonable way to handle them without overcomplicating things.
JO
Josphine
9 months ago
I remember a practice question where we had to decide if we should monitor low risks or just ignore them. I feel like placing them on a watchlist could be a safe bet.
CY
Cyndy
9 months ago
I think low probability and low impact risks might just be accepted, but I'm not entirely sure if that's the best approach.
AY
Ayesha
9 months ago
I'm leaning towards option D - putting these risks on a watchlist. That way we can keep an eye on them without investing too much effort. Seems like a good middle ground between ignoring them and over-managing.
KI
Kina
9 months ago
For this type of risk, I'd go with option C and accept them. Actively monitoring low-impact, low-likelihood risks could end up being a waste of time and resources. As long as we have a plan to revisit if the situation changes, acceptance seems like the most efficient approach.
BR
Brendan
10 months ago
I think option C is best. Low impact, low probability means just accept it.
IE
Iesha
10 months ago
C) These risks should be accepted. It's the most straightforward approach.
MA
Maira
10 months ago
D) These risks should be placed on a watchlist for future monitoring. Gotta keep an eye on those sneaky low-risks!
FR
Frederick
10 months ago
A is a good choice too. Keeping them in the risk register helps track everything.
HA
Hassie
11 months ago
Hmm, I'm a bit confused. Shouldn't we at least identify and document these risks, even if we don't plan to actively manage them? I'm not sure dismissing them entirely is the right call.
CO
Coleen
11 months ago
I think the best approach here is to accept these low-risk, low-probability issues. Putting them in the risk register or on a watchlist seems like overkill.
MO
Mozell
5 months ago
Acceptance is the way to go for sure!
TE
Temeka
6 months ago
Exactly, let's not waste time on low risks.
FR
France
6 months ago
Totally! Focus on bigger risks instead.
KI
Kimbery
6 months ago
Yeah, no need to complicate things.
JE
Jess
10 months ago
I agree, accepting them seems practical.