PMI-RMP · Question #405
A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are financial risks. What p
The correct answer is B. Perform Monte Carlo analysis and Delphi technique.. The Delphi technique (part of option B) is a structured risk identification method that gathers anonymous expert opinions across multiple rounds to surface risks across diverse domains such as technical, quality, performance, and external risks without the influence of dominant p
Question
A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are financial risks. What procedure could the project manager use to identify other potential topics such as technical, quality, performance, project, management, internal and external risks?
Options
- AReview enterprise environmental factors.
- BPerform Monte Carlo analysis and Delphi technique.
- CPerform decision tree analysis and create an Ishikawa diagram.
- DUse existing prompt lists and risk breakdown structure.
How the community answered
(59 responses)- A7% (4)
- B51% (30)
- C25% (15)
- D17% (10)
Explanation
The Delphi technique (part of option B) is a structured risk identification method that gathers anonymous expert opinions across multiple rounds to surface risks across diverse domains such as technical, quality, performance, and external risks without the influence of dominant personalities. Monte Carlo analysis (also in B) supports quantitative risk modeling once risks are identified. While prompt lists and RBS (D) are also useful identification tools, the combination in option B - expert-driven elicitation via Delphi - is the method most suited to uncovering the broad range of risk categories the sponsor is dismissing. Options A and C do not directly address risk identification across categories.
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