What is used to manage risks within a project?

• A. A risk register
• B. Issue log
• C. Change log
• D. Lessons learned log

Answer: (A)

Risk management in a project is supported by a living document that lists each identified risk along with its probability, impact, owner, trigger, and planned response. This risk register is the central place to assess, prioritize, and monitor risks throughout the project, so the team can implement responses before threats turn into real problems. It also tracks residual risk and how effective the responses are, giving everyone a clear view of what could affect objectives and who is responsible for acting. Other logs exist for issues that have already occurred, changes to scope or baselines, and lessons learned for future work, but they don’t serve as the ongoing tool for managing risks. That’s why the risk register is the best choice for managing risks within a project.