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Question 2 Identify the one INCORRECT statement regarding project Risk Management. Group of answer choices A....

Question 2 Identify the one INCORRECT statement regarding project Risk Management. Group of answer choices

A. A risk contingency plan is not executed if the risk never happens.

B. The owner of a risk is responsible for watching over and/or resolving the risk.

C. The risk register is the "log" of all risks - open or closed.

D. A risk mitigation strategy is used to clean up after the risk has happened.

E. Risk management is the responsibility of everyone on the project.

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Answer #1

Answer: D. A risk mitigation strategy is used to clean up after the risk has happened.

Explanation: Risk mitigation strategy is used to avoid the risk in advance before the risk even happens. This is the strategy which helps in risk avoidance, risk sharing, risk transfer, etc.

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