nerdexam
PMIPMI

PMI-RMP · Question #28

PMI-RMP Question #28: Real Exam Question with Answer & Explanation

The correct answer is A: Risks with low probability and low impact are recorded in awatchlist for future monitoring.. See the full explanation below for the reasoning.

Risk Monitoring and Reporting

Question

You work as a project manager for BlueWell Inc. You are working with Nancy, the COO of your company, on several risks within the project. Nancy understands that through qualitative analysis you have identified 80 risks that have a low probability and low impact as the project is currently planned. Nancy's concern, however, is that the impact and probability of these risk events may change as conditions within the project may change. She would like to know where will you document and record these 80 risks that have low probability and low impact for future reference. What should you tell Nancy?

Options

  • ARisks with low probability and low impact are recorded in awatchlist for future monitoring.
  • BAll risks, regardless of their assessed impact and probability, are recorded in the risk log.
  • CRisk identification is an iterative process so any changes to the low probability and low impact risks will be
  • DAll risks are recorded in the risk management plan.

Topics

#Risk documentation#Watchlist#Low probability low impact risks#Risk monitoring

Community Discussion

No community discussion yet for this question.

Full PMI-RMP PracticeBrowse All PMI-RMP Questions