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

Question 79 of 85 in Determine how to document project controls of predictive, plan-based projects

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A project manager manages both project risks and project issues. What is the KEY difference in how they are handled?
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Correct answer: Risks are potential future events requiring proactive planning; issues are current problems requiring active resolution

Explanation

Risks (potential future events) are managed proactively: identified, assessed, and response plans developed before they occur. Issues (materialized problems) require reactive management: identification, ownership, tracking, and resolution. When a risk materializes, it transitions from the risk register to the issue log for active problem management. Both require systematic tracking but through different processes.

**Why not A:** This answer reverses the documentation. Risks are documented in the risk register, and issues are documented in the issue log. Each has its own dedicated tracking tool designed for its specific management process.

**Why not C:** While risk owners manage specific risks, issues can be assigned to any appropriate team member — not just the project manager. The project manager oversees the issue management process but does not necessarily resolve every issue personally.

**Why not D:** Risks and issues are not limited to specific knowledge areas. Risks can be financial, technical, schedule-related, or any other type. Similarly, issues can arise in any area of the project. Categorizing risks as always financial and issues as always schedule-related is an incorrect oversimplification.

Key Concept

This question covers Determine how to document project controls of predictive, plan-based projects under Determine how to document project controls of predictive, plan-based projects (Predictive, Plan-Based Methodologies).

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