PMI-RMP Question #561: Real Exam Question with Answer & Explanation

Question

During the weekly project meeting a risk manager identified new risks in the last sprint, which might impact the project cost by implementing mitigation plans. The sponsor and some project team members do not agree that those risks can impact the project cost. What should the risk manager do to resolve the sponsor and project team members' concerns about risk identification?

Options

• AReinforce to the stakeholders that the risk identification was done properly during the last sprint.
• BHighlight the importance of agreeing on the risk identification to avoid further delays.
• CConduct a separate meeting to show the risk identification analysis to the stakeholders.
• DEnsure that the most knowledgeable members of the team validate risk identification processes.

Explanation

In the context of risk management, particularly as outlined in various risk management procedures and policies from Lycopodium documents, the validation of risk identification processes by knowledgeable team members is critical. This approach ensures that risks are accurately identified, assessed, and documented, which can mitigate disagreements about the potential impact of these risks on the project, including cost implications.

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