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PMI-RMP · Question #607

PMI-RMP Question #607: Real Exam Question with Answer & Explanation

The correct answer is A: A request to increase project earnings. The risk manager's request to include Field 2 in the scope of the current project is a clear attempt to increase the project's profitability by expanding its scope to a more lucrative area. This type of request is aimed at increasing project earnings, as it involves altering the

Risk Strategy and Planning

Question

A company has a project whose objective is to extract gold reserves from Field. However, another field closest to the company. Field 2, which has a higher probability of having twice as much gold reserves than Field. The risk manager requests the board of Directors to include Field 2 under the scope of the current project by management of change because the project's profitability will increase by 80%. What type of request is the risk manager describing?

Options

  • AA request to increase project earnings
  • BA request to increase project resources
  • CA challenge to stakeholder thresholds
  • DA challenge to the project investment

Explanation

The risk manager's request to include Field 2 in the scope of the current project is a clear attempt to increase the project's profitability by expanding its scope to a more lucrative area. This type of request is aimed at increasing project earnings, as it involves altering the project's objectives to capture a more significant financial opportunity. According to PMI, requests that seek to modify project scope for financial gain are typically categorized as efforts to increase project earnings or revenue.

Topics

#Opportunity management#Project profitability#Scope change#Change management

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