nerdexam
PMI

PMI-RMP · Question #506

The project team has correctly identified, assessed, and planned responses for a project's risks. The risk manager is required to prepare a quarterly report on the performance of managing the risks. W

The correct answer is A. Proximity dales for open risks C. Risks that have materialized and the overall risk profile. A quarterly risk performance report must reflect the current state and history of risk management. Proximity dates for open risks (A) show how close unresolved risks are to their trigger windows, indicating urgency and whether response plans are on track. Risks that have material

Risk Monitoring and Reporting

Question

The project team has correctly identified, assessed, and planned responses for a project's risks. The risk manager is required to prepare a quarterly report on the performance of managing the risks. What are two options the risk manager should consult for the analysis? (Choose two.)

Options

  • AProximity dales for open risks
  • BBacklog of change orders to be submitted to client
  • CRisks that have materialized and the overall risk profile
  • DNumber of schedule baseline changes approved
  • ERisks due to the number of claims submitted to the client

How the community answered

(56 responses)
  • A
    80% (45)
  • B
    2% (1)
  • D
    13% (7)
  • E
    5% (3)

Explanation

A quarterly risk performance report must reflect the current state and history of risk management. Proximity dates for open risks (A) show how close unresolved risks are to their trigger windows, indicating urgency and whether response plans are on track. Risks that have materialized and the overall risk profile (C) provide a retrospective view of which risks became issues and how the project's total risk exposure has changed-both are essential for a meaningful performance analysis. The other options are irrelevant to risk performance: a backlog of change orders (B) and approved schedule baseline changes (D) relate to scope/schedule management, and claims submitted to a client (E) are a contract management metric, not a risk management one.

Topics

#Risk Monitoring#Risk Reporting#Risk Performance Measurement#Overall Risk Profile

Community Discussion

No community discussion yet for this question.

Full PMI-RMP Practice