How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management Bootcamp

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

Risk Owner

The individual assigned to a specific risk who tracks its status and chooses and carries out the most appropriate response strategy.

Key Points

  • Accountable for a particular risk from identification through closure.
  • Monitors triggers, early warning signs, and changes in probability or impact.
  • Selects the response strategy (avoid, mitigate, transfer, accept, exploit, enhance, share) and ensures it is executed.
  • Updates the risk register and communicates status; may delegate tasks but retains overall accountability.

Example

In a construction project, the risk of steel delivery delays is assigned to the procurement lead as the risk owner. She tracks supplier lead times and quality reports, decides to qualify a secondary supplier, and implements the mitigation plan to split orders if the primary vendor slips.

PMP Example Question

Who is primarily accountable for tracking a specific risk and for deciding on and implementing the appropriate response?

  1. Project sponsor
  2. Risk owner
  3. Risk action owner
  4. Project manager

Correct Answer: B — Risk owner

Explanation: The risk owner monitors the assigned risk and selects and implements the response strategy; action owners may execute tasks, but the risk owner retains accountability.

Advanced Project Management — Measuring Project Performance

Move beyond guesswork and status reporting. This course helps you measure real progress, spot problems early, and make confident decisions using proven project performance techniques. If you manage complex projects and want clearer visibility and control, this course is built for you.

This is not abstract theory. You’ll work step by step through Earned Value Management (EVM), learning how cost, schedule, and scope come together to show true performance. You’ll build a solid foundation in EVM concepts, understand why formulas work, and learn how performance data actually supports leadership decisions.

You’ll master Work Breakdown Structures (WBS), control accounts, and budget baselines, then apply core EVM metrics like EAC, TCPI, and variance analysis. Through a detailed real-world example, you’ll forecast outcomes, analyze trends, and understand contingencies and management reserves with confidence.

Learn how experienced project managers monitor performance, communicate results clearly, and take corrective action before projects slip. With practical exercises and hands-on analysis, you’ll be ready to apply EVM immediately. Enroll now and start managing performance with clarity and control.



Launch your career!

HK School of Management delivers top-tier training in Project Management, Job Search Strategies, and Career Growth. For the price of a lunch, you’ll gain expert insights into landing your dream PM role, mastering interviews, and negotiating like a pro. With a 30-day money-back guarantee, there’s zero risk—just a clear path to success!

Learn More