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PMI-RMP · Question #279

PMI-RMP Question #279: Real Exam Question with Answer & Explanation

The correct answer is C: Risk reassessments are regularly scheduled; risk audits are performed as defined in the project's risk. Risk reassessment is an ongoing activity by the project team. Risks should be discussed at every status meeting. Risk audits are performed during the project life cycle to examine and document the effectiveness of risk responses. They are conducted at appropriate frequencies as d

Risk Monitoring and Reporting

Question

What is the primary difference between a risk audit and a risk reassessment?

Options

  • AA risk reassessment is conducted at the completion of a major phase; audits are conducted after the
  • BProject stakeholders conduct risk audits; management conducts reassessments.
  • CRisk reassessments are regularly scheduled; risk audits are performed as defined in the project's risk
  • DThere is no difference; they are virtually the same.

Explanation

Risk reassessment is an ongoing activity by the project team. Risks should be discussed at every status meeting. Risk audits are performed during the project life cycle to examine and document the effectiveness of risk responses. They are conducted at appropriate frequencies as defined in the risk management plan. [Monitoring and Controlling] PMI®, PMBOK® Guide, 2013, 351

Topics

#Risk Monitoring#Risk Audit#Risk Reassessment#Monitor Risks Process

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