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PMI-RMP · Question #572

PMI-RMP Question #572: Real Exam Question with Answer & Explanation

The correct answer is B: Perform a qualitative risk analysis.. With 25 identified risks, and considering the constraints and resources available, the appropriate next step is to perform a qualitative risk analysis. This process helps prioritize the risks based on their probability and impact, as well as other relevant factors like urgency, p

Perform Targeted Risk Analysis

Question

A project team has completed the risk identification steps in a project and compiled a list of 25 risks. The team wants to create response plans for all the risks to avoid any future issues, but the resources and constraints limit the options. What should the risk manager do?

Options

  • APerform a sensitivity analysis.
  • BPerform a qualitative risk analysis.
  • CPerform a constraint analysis.
  • DPerform a root-cause analysis.

Explanation

With 25 identified risks, and considering the constraints and resources available, the appropriate next step is to perform a qualitative risk analysis. This process helps prioritize the risks based on their probability and impact, as well as other relevant factors like urgency, proximity, and detectability. By doing so, the team can focus on the most significant risks that require immediate attention and develop response plans accordingly, optimizing the use of available resources. PMI recommends this approach to ensure that risk management efforts are both efficient and effective in addressing the most critical risks first.

Topics

#Qualitative Risk Analysis#Risk Prioritization#Risk Management Process#Resource Constraints

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