Friday, May 8, 2009

What is Project Risk Response Audit in PMP

A project risk response audit:
  • is an examination of the effectiveness of risk response plans and of the performance of the risk owner.
  • may be conducted by a third party, by the project's risk officer or by other qualified personnels.

The Auditor:
  • reviews the risk response plan and data concerning project work results.
  • evaluates the performance of the risk owner in implementing the response plan.
  • documents the results of the audit and makes recommendations for improvement in the project's risk response efforts.

2 comments:

Exam said...

Project risk response audit is an important part in the PMP. Thanks for the information given about this topic. Will you provide the materials to know more deeply about this topic.
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Casey Dale said...

Risk management attempts to plan for and handle events that are uncertain in that they may or may actually occur. These are surprises. Some surprises are pleasant. We may plan an event for the public and it is so successful that twice as many people attend as we expected. A good turn-out is positive. However, if we have not planned for this possibility, we will not have resources available to meet the needs of these additional people in a timely manner and the positive can quickly turn into a negative.

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)