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PMI-RMP · Question #465
Towards the end of definitive design, project costs have increased to the point where it will be classified as a capital asset project. The customer has expressed they want one final total project com
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Perform Targeted Risk Analysis
Question
Towards the end of definitive design, project costs have increased to the point where it will be classified as a capital asset project. The customer has expressed they want one final total project completion date and will afford no extensions after it is established. How should the risk manager proceed?
Options
- APerform a qualitative risk analysis and update the results.
- BUpdate the assumptions/exclusions register with the new information.
- CUpdate the risk register and prepare for the Monte Carlo analysis.
- DPerform a quantitative risk analysis and update the results.
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Topics
#Qualitative Risk Analysis#Risk Assessment#Project Constraints#Risk Management Process