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The project manager reviews project risks with the risk manager to update, monitor, and close...

The project manager reviews project risks with the risk manager to update, monitor, and close risks in the risk register. The project manager determines one of the risks has a residual risk.

How should the risk manager document the impact of the residual risk?

A.

Utilize change management tools to request a budget increase from the project sponsor and update the risk register.

B.

Change the risk identification and description on the risk register to reflect the fact that the residual risk has materialized.

C.

Close the risk's status on the risk register since the residual risk has now materialized.

D.

Review the impact of the residual risk against the budget reserves and document the update in the risk register. 

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