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What is a risk owner?

A. The person who is responsible for the response plan for the risk. B. The person who makes a risk happen. C. The person who meets with stakeholders to explain the risk. D. The person who monitors thewatchlist that contains the risk.

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/07/26
Jyothsna Vidavaluru
by Jyothsna Vidavaluru , Project Manager, Scrum Master, Agile Coach , Larsen & Toubro Infotech Limited

Person who is designated to monitor the risk, and implement the defined risk response. Generally, if the Risk owner is involved in identifying or analyzing or defining the response plan, action being taken on the risk will be more effective. Hence Option A is the right choice.

Sherif Shabaan
by Sherif Shabaan , Green Riyadh.. Site Civil Engineer , Al Fahd Company

A. The person who is responsible for the response plan for the risk.

FiSa Hameed
by FiSa Hameed , Virtual Assistant

Hi,

  I think D is right answer because the persone responsible who monitors that risk.

Zameer Bilagi
by Zameer Bilagi , Assistant Vice President , HSBC

risk owner is the person who is responsible for monitoring their risks and executing risk responses when appropriate

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: AExplanation: Every risk should have a risk owner listed in the register. That person is responsible for keeping the response plan up to date and make sure the right actions are taken if the risk does occur.

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