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PMI-RMP · Question #373

PMI-RMP Question #373: Real Exam Question with Answer & Explanation

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Perform Targeted Risk Analysis

Question

For the last several months, a project manager for a global technology program is focused on improving the project outsourcing process and analyzing the vendor supply chain as key pieces of the cost containment strategy. Early in the project, these two areas were identified as key risks to the final delivery of the project. Since that initial risk identification, the risk manager works to identify additional risks, as well as analyze the potential impact to the project cost baseline. After performing a cost-risk sensitivity analysis, the risk manager produces this chart. Based on this analysis, which two risk areas should the project manager focus on to control project cost?

Options

  • AVendor supply chain disruption and final system test
  • BVendor supply chain disruption and software design changes
  • COutsourcing negotiations and vendor supply chain disruption
  • DLabor rate increases and management reviews

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Topics

#Cost-risk sensitivity analysis#Quantitative Risk Analysis#Risk Prioritization#Cost Management
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