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PMI-RMP · Question #234

Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she…

The correct answer is C. The events should be entered into the risk register. Any risk event discovered during any process, including quantitative risk analysis, must be entered into the risk register to be formally tracked and managed.

Risk Process Facilitation

Question

Jenny is the project manager for the NBT projects. She is working with the project team and several subject matter experts to perform the quantitative risk analysis process. During this process she and the project team uncover several risks events that were not previously identified. What should Jenny do with these risk events?

Options

  • AThe events should be entered into qualitative risk analysis.
  • BThe events should be determined if they need to be accepted or responded to.
  • CThe events should be entered into the risk register.
  • DThe events should continue on with quantitative risk analysis.

How the community answered

(28 responses)
  • B
    4% (1)
  • C
    96% (27)

Why each option

Any risk event discovered during any process, including quantitative risk analysis, must be entered into the risk register to be formally tracked and managed.

AThe events should be entered into qualitative risk analysis.

Qualitative risk analysis precedes quantitative analysis; newly found risks would eventually need qualitative analysis, but they must first be entered into the risk register.

BThe events should be determined if they need to be accepted or responded to.

Deciding to accept or respond to a risk is a risk response planning activity that can only occur after the risk has been identified and registered.

CThe events should be entered into the risk register.Correct

The risk register is the central repository for all identified risks throughout the project life cycle, and it must be updated whenever new risks surface regardless of where they are found. Formally logging the risks ensures they can be prioritized, analyzed, and assigned appropriate responses. Leaving newly discovered risks outside the register removes them from the project's formal tracking and response mechanism.

DThe events should continue on with quantitative risk analysis.

Continuing quantitative analysis on risks that have not been formally registered bypasses the required documentation and upstream analysis steps.

Concept tested: Updating the risk register with newly identified risks

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#Risk Identification#Risk Register#Risk Management Process Flow#Quantitative Risk Analysis

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