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PMI-RMP · Question #304

While creating the appropriate risk strategy, the project manager discovers that the project team lacks the necessary expertise to define the risk management plan. What additional resources should be

The correct answer is A. Consultants, organizational process assets, subject matter experts, and stakeholder tolerance. When the team lacks expertise for risk planning, the full set of additional resources should include: consultants and subject matter experts (external knowledge), organizational process assets (historical data, templates, lessons learned), and stakeholder tolerance/risk threshold

Risk Strategy and Planning

Question

While creating the appropriate risk strategy, the project manager discovers that the project team lacks the necessary expertise to define the risk management plan. What additional resources should be utilized?

Options

  • AConsultants, organizational process assets, subject matter experts, and stakeholder tolerance
  • BConsultants, industry group, and subject matter experts
  • CConsultants, professional and technical associations, subject matter experts, and industry groups
  • DConsultants, professional and technical associations, and subject matter experts

How the community answered

(34 responses)
  • A
    82% (28)
  • B
    6% (2)
  • C
    9% (3)
  • D
    3% (1)

Explanation

When the team lacks expertise for risk planning, the full set of additional resources should include: consultants and subject matter experts (external knowledge), organizational process assets (historical data, templates, lessons learned), and stakeholder tolerance/risk thresholds (defining acceptable risk levels). Options B, C, and D omit either organizational process assets or stakeholder tolerance, both of which are essential inputs to the Plan Risk Management process. Organizational process assets provide reusable frameworks, while stakeholder tolerance establishes the boundaries within which the risk management plan must operate.

Topics

#Risk Management Plan#Expert Judgment#Organizational Process Assets#Stakeholder Risk Tolerance

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