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PMI-RMP · Question #327

PMI-RMP Question #327: Real Exam Question with Answer & Explanation

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Risk Strategy and Planning

Question

A project manager is developing the risk management process and schedules a risk planning workshop at the start of the project. Upon receiving the invitation, a senior stakeholder emails the project manager stating that a risk management plan is not needed since this is small project, and lack of a plan will reduce costs. Which of the following should the project manager do?

Options

  • AAdvise the stakeholder that risk management is a valuable undertaking and must be applied to all
  • BCancel the workshop as the stakeholder is senior and risk management is an optional process,
  • CContinue with the workshop, but remove the stakeholder from the list of attendees.
  • DReview the scope in an attempt to save money in other areas of the project to provide funding for

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Topics

#Risk management principles#Stakeholder management#Risk management plan#Project management value
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