PMIPMI
PMI-RMP · Question #13
PMI-RMP Question #13: Real Exam Question with Answer & Explanation
The correct answer is A: It helps to evaluate if the remaining reserve is adequate for the risk exposure.. See the full explanation below for the reasoning.
Risk Monitoring and Reporting
Question
Ted is the project manager of the HRR project for his company. Management has asked that Ted periodically reviews the contingency reserve as risk events happen, pass, or are still pending. What is the purpose of reviewing the contingency reserve?
Options
- AIt helps to evaluate if the remaining reserve is adequate for the risk exposure.
- BIt helps to determine how much more funds will need to be invested in the project.
- CIt helps to evaluate secondary and residual risks related to the risk responses and their costs.
- DIt helps to determine the probability and impact of project risks.
Topics
#Contingency Reserve#Risk Monitoring#Reserve Analysis#Risk Exposure
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