CAP · Question #129
Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this…
The correct answer is D. Sammy is correct, because organizations can create risk scores for each objective of the pr. Sammy is correct because PMBOK allows organizations to assess risk probability and impact against each individual project objective - time, cost, and scope - separately.
Question
Sammy is the project manager for her organization. She would like to rate each risk based on its probability and affect on time, cost, and scope. Harry, a project team member, has never done this before and thinks Sammy is wrong to attempt this approach. Harry says that an accumulative risk score should be created, not three separate risk scores. Who is correct in this scenario?
Options
- AHarry is correct, because the risk probability and impact considers all objectives of the proj
- BHarry is correct, the risk probability and impact matrix is the only approach to risk assessm
- CSammy is correct, because sheis the project manager.
- DSammy is correct, because organizations can create risk scores for each objective of the pr
How the community answered
(26 responses)- A8% (2)
- B4% (1)
- C12% (3)
- D77% (20)
Why each option
Sammy is correct because PMBOK allows organizations to assess risk probability and impact against each individual project objective - time, cost, and scope - separately.
Harry's claim that risk probability and impact must always consider all objectives cumulatively is incorrect; PMBOK supports per-objective scoring as a valid alternative.
The risk probability and impact matrix is one tool among many for risk assessment, not the exclusive or mandatory approach.
Being the project manager does not by itself make Sammy correct; the answer requires a valid technical justification, not an appeal to authority.
PMBOK explicitly allows organizations to evaluate risks against each project objective individually, producing separate risk scores for time, cost, scope, and quality. This approach provides more granular insight into how a specific risk may affect different aspects of the project differently. Creating separate scores is a recognized and valid approach, not a methodological error as Harry suggests.
Concept tested: Risk probability and impact assessment per project objective
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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