CompTIA Project+ Practice Test

A project risk register is a crucial tool used in project management to document various aspects related to risks that may impact the project's success. It primarily includes information on identified risks, their potential impact on the project if they occur, the likelihood of these risks manifested, and strategies for mitigation or response. This comprehensive overview allows project managers and teams to monitor and manage risks effectively throughout the project lifecycle, enhancing decision-making and increasing the chances of project success.

The other options, while they pertain to project management aspects, do not encompass the core purpose of a risk register. Financial costs of the project risks, while important, are typically part of a broader financial or budget document rather than the risk register itself. The timeline for risk resolution is more appropriate for a project schedule or action plan, specifying when risk mitigation activities will be addressed. Lastly, documenting every team member's job responsibilities relates to a project resource management plan or staff assignment logs, not a risk register.