Certified Governance Risk and Compliance (CGRC) Practice Exam 2025 - Free CGRC Practice Questions and Study Guide

Question: 1 / 400

What should project managers ensure regarding low-priority risks?

They should be ignored completely.

They must undergo comprehensive documentation.

They must be added to a watch list.

Project managers should ensure that low-priority risks are added to a watch list because this approach allows for continuous monitoring without allocating excessive resources or attention that higher-priority risks may require. By maintaining awareness of these risks, project managers can ensure that they do not escalate or impact project objectives. A watch list allows for periodic review, enabling the project team to respond promptly should these risks start to present potential issues.

This strategy is important for effective risk management because even low-priority risks can become significant if conditions change. By keeping them documented and monitored, project managers maintain an overview of all risks associated with the project, facilitating a holistic management approach that prepares the team to react swiftly if necessary.

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They can be evaluated only if resources permit.

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