CAPM (Certified Associate in Project Management) Practice Exam

What are the inputs of plan risk responses?

1. Budget forecasts and financial reports

2. Risk management plan, risk register

3. Project charter and stakeholder register

4. Work breakdown structure and cost estimates

The correct answer is: Risk management plan, risk register

The correct answer is B - Risk management plan, risk register. In project management, the inputs of planning risk responses include the risk management plan and the risk register. The risk management plan outlines how risk management activities will be structured and performed throughout the project, including how risks will be identified, analyzed, monitored, and controlled. The risk register, on the other hand, is a document that contains all identified risks, their potential impact, the probability of occurrence, and the proposed responses to address each risk. Therefore, these inputs are crucial for effectively planning responses to the identified risks in a project. Budget forecasts and financial reports (Option A) are typically not direct inputs for planning risk responses. The project charter and stakeholder register (Option C) are mainly used for other project management processes, and the work breakdown structure and cost estimates (Option D) are more related to project scope and cost management rather than risk management.