CAPM Practice: Determine how to document project controls of predictive, plan-based projects

Risk monitoring requires ongoing reassessment of risk probability and impact as new information emerges. When a risk's probability increases significantly, the project manager should: update the risk register with the new assessment; review the existing response plan to determine if it is adequate; and if necessary, enhance or activate the response. Passive management of a now-high-probability risk is inadequate.

**Why not A:** Doing nothing because the risk is already in the register is inadequate. A significant change in probability from low to high fundamentally changes the risk profile and may render the existing response plan insufficient. Active reassessment and potential response enhancement are required.

**Why not C:** Closing the project based on a single risk probability increase is an extreme overreaction. The appropriate response is to reassess the risk, update the response plan if needed, and evaluate the business case impact. Project termination would only be considered if the overall project viability is fundamentally compromised.

**Why not D:** Creating a new project charter is unnecessary and inappropriate. The project charter authorizes the project and is created during initiation. Changed risk conditions are managed through risk monitoring and change control within the existing project framework, not by restarting authorization.