Explanation/Reference:
Explanation:
Risk response tracking tracks the ongoing status of risk mitigation processes as part of risk response process. This tracking ensures that the risk response strategy remains active and that proposed controls are implemented according to schedule. When an enterprise is conscious of a risk, but does not have an appropriate risk response strategy, then it leads to the increase of the liability of the organization to adverse publicity or even civil or criminal penalties.
Incorrect Answers:
A: Risk management provides an approach for individuals and groups to make a decision on how to deal with potentially harmful situations B: Integrating risk response options to address more than one risk together, help in achieving greater efficiency.
The use of techniques that are versatile and enterprise-wide, rather than individual solutions provides better justification for risk response strategies and related costs.
C: Implementation of risk response ensures that the risks analyzed in risk analysis process are being lowered to level that the enterprise can accept, by applying appropriate controls.

Section: Volume D

Explanation/Reference:
Explanation:
The risk register does not examine the network diagram and the critical path. There may be risks associated with the activities on the network diagram, but it does not address the network diagram directly.
The risk register is updated at the end of the plan risk response process with the information that was discovered during the process. The response plans are recorded in the risk register. In the risk register, risk is stated in order of priority, i.e., those with the highest potential for threat or opportunity first. Some risks might not require response plans at all, but then too they should be put on a watch list and monitored throughout the project. Following elements should appear in the risk register:
List of identified risks, including their descriptions, root causes, and how the risks impact the project

objectives
Risk owners and their responsibility

Outputs from the Perform Qualitative Analysis process

Agreed-upon response strategies

Risk triggers

Cost and schedule activities needed to implement risk responses

Contingency plans

Fallback plans, which are risk response plans that are executed when the initial risk response plan

proves to be ineffective
Contingency reserves

Residual risk, which is a leftover risk that remains after the risk response strategy has been

implemented
Secondary risks, which are risks that come about as a result of implementing a risk response