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PMI-RMP · Question #51
PMI-RMP Question #51: Real Exam Question with Answer & Explanation
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Risk Monitoring and Reporting
Question
Wendy is the project manager of the FBL project for your company. She has identified several risks within her project and has created a risk contingency reserve of $45,000 total. Her project is nearly complete and many of the risks have not happened in the project. What should Wendy do with the funds in the contingency reserve?
Options
- AThe funds remain in the contingency reserve until all of the risks have passed.
- BThe funds for the risks that have passed and have not happened are transferred to the project budget.
- CThe funds for the risks that have passed and have not happened are released.
- DThe funds remain in the contingency reserve until the project is closed.
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Topics
#Risk contingency#Reserve management#Project completion#Risk monitoring