CAPM (Certified Associate in Project Management) Practice Exam

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What should be done with retired risks?

  1. Completely eliminated

  2. Reviewed and reassessed

  3. Closed but not eliminated and possibly retained in an appendix to the risk register

  4. Ignored in further analysis

The correct answer is: Closed but not eliminated and possibly retained in an appendix to the risk register

Retired risks should not be completely eliminated because although they may no longer pose a current threat, they may still hold valuable information for future projects. If they are reviewed and reassessed periodically, they can help identify potential risks in similar projects. They should also not be ignored as they can still provide relevant insights. Closing them but retaining them in an appendix to the risk register allows for easy reference and helps with risk management in the future.

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