PMI-RMP · Question #587
The stakeholders of a building construction project are not comfortable with the project manager's handling of the project as they believe there is a financial risk. The project manager asks the…
The correct answer is B. Gather and reconcile project risk report data. To demonstrate that risks are within a tolerable threshold, the risk manager must first have accurate, consolidated data to present. Gathering and reconciling project risk report data provides the factual foundation needed to make a credible case to stakeholders. Without…
Question
The stakeholders of a building construction project are not comfortable with the project manager's handling of the project as they believe there is a financial risk. The project manager asks the risk manager to assist in demonstrating to the stakeholders that the project risks are under a tolerable threshold. What should the risk manager do first to demonstrate this to the stakeholders?
Options
- AGather other project risk historical information.
- BGather and reconcile project risk report data.
- CWork with the sponsor to convince the risks are under control.
- DWork with the team to ensure the project is in good health.
How the community answered
(54 responses)- A4% (2)
- B78% (42)
- C6% (3)
- D13% (7)
Explanation
To demonstrate that risks are within a tolerable threshold, the risk manager must first have accurate, consolidated data to present. Gathering and reconciling project risk report data provides the factual foundation needed to make a credible case to stakeholders. Without reconciled data, any argument about risk levels lacks credibility. Working with the sponsor or team to 'convince' or 'ensure' health are soft measures that do not provide the quantitative evidence stakeholders need. Historical information from other projects is not as relevant as current project risk data.
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