You want to convince an executive that a project's risks are understood and there are plans in place to address possible issues. What action should you do take before the meeting to help meet your…

Question

Options

• AIdentify how you can use this opportunity to reduce pressure on the project team and accept
• BGain the agreement of the executive's staff that you are keeping the smallest possible budget
• CCollect reports and success stories about other companies who have implemented technology
• DPrepare a risk probability/impact model with input from subject matte experts within the

• A
  12% (4)
• B
  6% (2)
• C
  24% (8)
• D
  59% (20)

Explanation

Option D is correct because a risk probability/impact model, built with input from subject matter experts, is the most credible and structured way to demonstrate to an executive that risks have been systematically identified, analyzed, and planned for - directly addressing the goal of showing risks are understood and managed.

Why the distractors are wrong:

• A is wrong because reducing pressure on the project team is a separate concern from risk communication; it doesn't help you demonstrate risk awareness to an executive.
• B is wrong because budget minimization is irrelevant to proving that risks are understood; agreeing with the executive's staff on budget doesn't address risk planning.
• C is wrong because success stories from other companies provide social proof but don't demonstrate that your specific project's risks have been identified and mitigated.

Memory tip: Think "P.I.E." - Probability, Impact, Experts. When you need to prove risk management to a stakeholder, you need a model built with expert input showing the probability and impact of each risk - that's what makes your risk plan credible and defensible.

No community discussion yet for this question.