PMI-RMP Question #474: Real Exam Question with Answer & Explanation

Question

The project manager has completed four projects all with similar scope. The project manager has recently been assigned to start on a new project and believes some risks may occur again on this project. What should the project manager do?

Options

• AImplement the risk response strategies into the risk plan.
• BInform the sponsor that these risks should be added according to experience.
• CAdd the risks to the risk register and determine a contingency.
• DDiscuss and evaluate the identified risks with the project team.

Explanation

The project manager should discuss the identified risks with the project team to ensure that everyone is aware of the potential risks and can provide input on the likelihood and impact of each risk. This collaborative approach will help in developing a comprehensive risk management plan. The project manager should discuss and evaluate the identified risks with the project team, as this is part of the risk identification process. The project manager can use their experience from previous projects to identify potential risks that may occur again on the new project, but they should also involve the project team to obtain their input and perspectives. The project team can help the project manager to validate, refine, and prioritize the identified risks, as well as to suggest possible risk responses. The project manager should document the identified risks and their characteristics in the risk register, which is a tool for risk management.

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