PMI-RMP Question #603: Real Exam Question with Answer & Explanation

Question

A risk manager recently had to take an unexpected leave of absence. An interim risk manager has been tasked with completing risk planning for a new project. The interim risk manager has been provided with a strength, weaknesses, opportunities, and threats (SWOT) analysis that was completed during a project kickoff meeting several weeks ago. What should the interim risk manager do to derive actionable risk responses from the SWOT analysis?

Options

• ADetermine risks from the SWOT analysis and break them down into threats and opportunities.
• BWork with the project sponsor to understand which items they would prioritize from the SWOT
• CConduct an extensive review with the project team to ensure all SWOT items can be mitigated or
• DInput the items identified on the SWOT analysis into the project's risk register for consideration as-

Explanation

The SWOT analysis provides a broad overview of the project's strengths, weaknesses, opportunities, and threats. The next step for the interim risk manager is to break down these items into specific risks, categorized as threats (negative risks) or opportunities (positive risks). This classification allows for targeted risk response planning and aligns with PMI's risk management processes, which advocate for a clear identification and categorization of risks to derive actionable responses.

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