PMI-RMP Question #432: Real Exam Question with Answer & Explanation

Question

A risk management professional is currently facilitating the risk planning process with the project team. To increase the breadth of considered risks, the team wants to include high-level and strategic project risks. What should the risk management professional do next?

Options

• APerform a sensitivity analysis to the higher-level aggregate activities
• BDevelop a risk breakdown structure (RBS) identifying the potential risk categories
• CConduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis
• DPerform a base line Monte Carlo simul-ation to address overall threats to project objectives

Explanation

A SWOT analysis is a risk identification technique that helps to identify high-level and strategic project risks by examining the internal and external factors that may affect the project objectives. A SWOT analysis involves listing the strengths, weaknesses, opportunities, and threats of the project, and then analyzing how they may impact the project positively or negatively. A SWOT analysis can help to uncover potential risks that may not be obvious from other techniques, such as prompt lists, interviews, or brainstorming.

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