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In a large industrial business, an on-going system development project faces a previously identified risk.

In a large industrial business, an on-going system development project faces a previously identified risk. The risk is adequately managed by the risk manager, however there is still residual risk.

What should the risk manager do?

A.

Update the risk register accordingly and review it in regular project meetings.

B.

Accept the risk because residual risks are often low.

C.

Ask a subject matter expert (SME) to assess the residual risk and take action.

D.

Assign a risk owner and set it as high priority and high impact.

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