What is the final component of a documented risk management plan (RMP)?
A) The treatment/s selected for each risk
B) The action items needed to implement the RMP
C) Identification of the management and control structures needed to execute the RMP
D) A list of resources the program needs
E) A review process that involves stakeholders and encourages continuous improvement, innovation and learning

Question

Quizplus · Accepted Answer

The final component of a documented risk management plan is a review process that involves stakeholders and encourages continuous improvement, innovation, and learning. This is important to ensure the RMP is effective and up-to-date, and to align with any changes in the business environment or organizational goals. While the other options listed are important components of the RMP, they would be included before the final review process.

What Is the Final Component of a Documented Risk Management