What is the main output of Plan Risk Management?

• A. Risk Register
• B. Risk Management Plan
• C. Probability and Impact Matrix
• D. Risk Breakdown Structure

Answer: (B)

Planning how to manage risk defines the project’s risk management framework. The main output is the Risk Management Plan, a document that lays out the approach, processes, roles and responsibilities, timing, budget for risk activities, and the tools and formats used to manage risk across the project. It specifies the methodology to be used, how often risk reviews occur, how risks will be categorized, and the criteria or thresholds for taking action. It may include details like the risk probability and impact matrix, but these are elements within the plan rather than separate outputs. The Risk Register is produced later as risks are identified, and the Risk Breakdown Structure is a way to organize those risks, not the plan itself.