PMI-RMP · Question #327
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 m
The correct answer is A. Advise the stakeholder that risk management is a valuable undertaking and must be applied to all. Risk management is a mandatory discipline applied to all projects regardless of size, and the project manager must educate stakeholders who incorrectly believe it is optional.
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
How the community answered
(56 responses)- A77% (43)
- B13% (7)
- C7% (4)
- D4% (2)
Why each option
Risk management is a mandatory discipline applied to all projects regardless of size, and the project manager must educate stakeholders who incorrectly believe it is optional.
Risk management is a required and valuable undertaking on all projects because even small projects face uncertainties that, if unmanaged, can threaten cost, schedule, and scope objectives; the project manager's responsibility includes advocating for its application and correcting stakeholder misconceptions about its optional nature.
Canceling the workshop because a senior stakeholder requested it conflates positional authority with technical correctness - seniority does not make risk management optional, and compliance would expose the project to unmanaged threats.
Removing the stakeholder from the attendee list avoids the conflict rather than correcting the misconception, and it excludes a key participant whose buy-in is important for risk management effectiveness.
Seeking cost savings elsewhere on the project does not address the stakeholder's false premise that risk management is optional and treats it as a discretionary expense rather than a necessary process.
Concept tested: Mandatory application of risk management to all projects
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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