PMI-RMP · Question #574
During a project progress meeting, a project team member is concerned that one of the risks has triggered several other low-level risks. These risks should be responded to quickly or there will be…
The correct answer is D. Perform a risk urgency assessment. A risk urgency assessment specifically evaluates the time-sensitivity of risks-how quickly a response must be implemented before it becomes ineffective or the damage is irreversible. Since these cascading risks require rapid action, the first step is to assess urgency to…
Question
During a project progress meeting, a project team member is concerned that one of the risks has triggered several other low-level risks. These risks should be responded to quickly or there will be severe consequences for the project deliverables. What should the risk manager do?
Options
- AUpdate the watchlist.
- BInitiate a risk response when these risks occur.
- CAddress only the high-priority risk.
- DPerform a risk urgency assessment.
How the community answered
(21 responses)- A5% (1)
- B10% (2)
- C5% (1)
- D81% (17)
Explanation
A risk urgency assessment specifically evaluates the time-sensitivity of risks-how quickly a response must be implemented before it becomes ineffective or the damage is irreversible. Since these cascading risks require rapid action, the first step is to assess urgency to determine the order and speed of response. Updating the watchlist (A) is for low-priority risks that only need passive monitoring, which is inappropriate for risks with severe consequences. Waiting until risks actually occur (B) is reactive and misses the window for proactive response. Addressing only the highest-priority risk (C) ignores the cascading, interconnected nature of the triggered risks.
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