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PFMP · Question #328

Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. When it comes to Operations management…

The correct answer is A. Issues with Product development. This question tests understanding of how risk perspectives differ across organizational levels, specifically identifying the primary risk concern of operations management.

Portfolio Risk Management

Question

Risks perspectives differ within the organization between executive management, operations management, portfolio management and project/program management. When it comes to Operations management, which of the following is a risk concern?

Options

  • AIssues with Product development
  • BTime to market
  • CReporting and data accuracy
  • DTime, cost and scope commitments

How the community answered

(51 responses)
  • A
    82% (42)
  • B
    4% (2)
  • C
    4% (2)
  • D
    10% (5)

Why each option

This question tests understanding of how risk perspectives differ across organizational levels, specifically identifying the primary risk concern of operations management.

AIssues with Product developmentCorrect

Operations management is focused on the reliable delivery of products and services, so their primary risk concern centers on issues with product development that could disrupt operational continuity and delivery efficiency. Product development issues directly threaten the operational outcomes that operations management is accountable for on a day-to-day basis.

BTime to market

Time to market is primarily a strategic and executive management concern tied to competitive positioning and market advantage, not a core operational management risk.

CReporting and data accuracy

Reporting and data accuracy is more closely associated with portfolio management's concern for maintaining the quality of information used in governance and investment decision-making.

DTime, cost and scope commitments

Time, cost, and scope commitments represent the classic triple constraint risk perspective of project and program management, not operations management.

Concept tested: Risk perspectives differentiated across organizational management levels

Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-portfolio-management

Topics

#Risk Management#Organizational Perspectives#Operations Management#Product Development Risks

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