PMI-RMP · Question #339
A heavy industrial design firm has over US$3 billion in current contract value. As a result of quantitative risk analysis of a geographically separated project, opportunities have been identified…
The correct answer is A. Integrate them into the RBS. The Risk Breakdown Structure (RBS) is a hierarchical framework used to categorize and organize all project risks - including both threats and opportunities. Integrating high-priority opportunities into the RBS ensures they are formally documented, tracked, and managed within…
Question
A heavy industrial design firm has over US$3 billion in current contract value. As a result of quantitative risk analysis of a geographically separated project, opportunities have been identified and assessed as high priorities for the project. What is the most effective method to capture these opportunities?
Options
- AIntegrate them into the RBS.
- BSchedule a project team meeting.
- CFormally notify the project manager.
- DEstablish a contingency reserve.
How the community answered
(26 responses)- A81% (21)
- B4% (1)
- C4% (1)
- D12% (3)
Explanation
The Risk Breakdown Structure (RBS) is a hierarchical framework used to categorize and organize all project risks - including both threats and opportunities. Integrating high-priority opportunities into the RBS ensures they are formally documented, tracked, and managed within the project's risk management system. This gives the opportunities visibility and structure for ongoing monitoring and response planning. Scheduling a team meeting (B) and notifying the project manager (C) are informal communication steps that do not formally capture the opportunities in the project's risk documentation. Establishing a contingency reserve (D) applies to threats (negative risks), not opportunities, which typically call for exploit, enhance, or share strategies.
Topics
Community Discussion
No community discussion yet for this question.