A project manager is developing a Risk Management Plan for a new project. Which of the following BEST describes the primary purpose of the Risk Management Plan?
To outline the specific risk responses for identified threats and opportunities
To document the risk threshold and risk appetite of all project stakeholders
To ensure that the degree, type, and visibility of risk management are proportionate to both the risks and the importance of the project to the organization and stakeholders
To assign risk owners to all identified risks and create a risk mitigation plan