What is the primary purpose of a risk log in project management?

M&A 1.52 Project Management Quiz

Quiz
•
Financial Education
•
12th Grade
•
Hard

Lenna Alexandre
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To list project milestones
To identify, assess, and manage potential risks
To track the project budget
To record team meetings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT typically captured in an issue log?
Description of the issue
Status of the issue
Project budget details
Proposed resolution
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to use decision logs in project management?
To document team attendance
To record decisions made and their rationale
To keep track of project deadlines
To monitor team performance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should be included in a risk log entry?
Risk description, likelihood, impact, and mitigation plan
Team member names and roles
Project deliverables
Meeting schedules
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should the risk log be reviewed during a project?
Only at the start of the project
Only at the end of the project
Regularly throughout the project
Only when a risk occurs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step in creating an issue log?
Assigning a team member to the issue
Identifying the issue
Resolving the issue
Closing the issue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main benefit of using a decision log?
Enhances team communication
Provides a historical record of decisions
Tracks project expenses
Monitors project scope
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