PMI-RMP · Question #265
Neil works as a project manager for SoftTech Inc. He is working with Tom, the COO of his company, on several risks within the project. Tom understands that through qualitative analysis Neil has identi
The correct answer is C. Risks may be listed by priority separately for schedule, cost, and performance. Beyond the standard high/moderate/low prioritization, risks can be listed by priority separately for cost, schedule, and performance (technical quality). This allows stakeholders to understand which risks most threaten each project objective independently. Risks may also be liste
Question
Neil works as a project manager for SoftTech Inc. He is working with Tom, the COO of his company, on several risks within the project. Tom understands that through qualitative analysis Neil has identified many risks in the project. Tom's concern, however, is that the priority list of these risk events are sorted in "high-risk," "moderate-risk," and "low-risk" as conditions apply within the project. Tom wants to know that is there any other objective on which Neil can make the priority list for project risks. What will be Neil's reply to Tom?
Options
- ARisks may be listed by the additional analysis and response
- BRisk may be listed by the responses in the near-term
- CRisks may be listed by priority separately for schedule, cost, and performance
- DRisks may be listed by categories
How the community answered
(58 responses)- A14% (8)
- B3% (2)
- C74% (43)
- D9% (5)
Explanation
Beyond the standard high/moderate/low prioritization, risks can be listed by priority separately for cost, schedule, and performance (technical quality). This allows stakeholders to understand which risks most threaten each project objective independently. Risks may also be listed by category (D) or by those requiring near-term response (B), but the PMBOK-aligned answer for a separate objective-based priority ranking is by schedule, cost, and performance.
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