You only remove risk from the register if the environment changes and the risk no longer applies. Really, you should keep it for historical purposes. For all the others you keep them to show the risk response decision.
This is the reasoning:
The most appropriate statement that illustrates appropriate risk register maintenance is B. "Remove risk only following a significant change in the risk environment."
It is important to regularly review and update the risk register, but risks should not be removed without a valid reason. Significant changes in the risk environment, such as changes in project scope, stakeholder expectations, or external factors, may warrant a review of the risk register and the removal or addition of risks.
After better reading and hundreds of questions analyzed... best is 'D' really. When a risk has been mitigated by third-party transfer, it means that the responsibility for managing the risk has been transferred to another party, and the likelihood and impact of the risk have been reduced. In this case, it is appropriate to remove the risk from the risk register, as it is no longer a relevant risk to the organization.
'D' is correct, reason:
when a risk has been effectively transferred to a third party, it is no longer necessary to track it in the organization's risk register. Removing such risks from the risk register ensures that the risk register remains current and relevant, and helps to focus the organization's resources on addressing the most significant and relevant risks.
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