What is the purpose of a risk log?

• A. It records identified risks and mitigations.
• B. It lists completed tasks.
• C. It maintains a change log only.
• D. It tracks user feedback.

Answer: (A)

A risk log is a living record that captures identified risks along with the actions taken to address them. It records each risk, its potential impact and likelihood, the trigger or warning signs, who owns the mitigation, and the current status or progress. This centralized place makes it easy to monitor what could threaten the project, track whether mitigations are effective, and update plans as conditions change. It helps the team stay proactive rather than reactive by providing a clear view of risk exposure over time and what has been done to reduce it.

Other logs serve different purposes: a list of completed tasks shows work that’s been finished, a change log tracks modifications to the project baseline, and a user feedback log collects input from users. None of these focus on identifying risks and tracking their responses, which is why the risk log is the best fit for this purpose.