PMI-RMP · Question #96
You are the project manager of the NHK Project. Management wants to know how often your risk identification process will occur during the project. Considering that your project is scheduled to last…
The correct answer is D. Vary depending on the situations within the project. Risk identification frequency should vary depending on the situations within the project. There is no single prescribed frequency for risk identification in PMI's framework. The appropriate cadence depends on factors such as project complexity, risk environment, phase…
Question
You are the project manager of the NHK Project. Management wants to know how often your risk identification process will occur during the project. Considering that your project is scheduled to last one year and involvs five distinct phases, how often should risk identification take place?
Options
- AMonthly
- BOnce per project life cycle phase
- CQuarterly
- DVary depending on the situations within the project
How the community answered
(50 responses)- A6% (3)
- B14% (7)
- C2% (1)
- D78% (39)
Explanation
Risk identification frequency should vary depending on the situations within the project. There is no single prescribed frequency for risk identification in PMI's framework. The appropriate cadence depends on factors such as project complexity, risk environment, phase transitions, significant changes in scope or schedule, and stakeholder input. While some projects may benefit from monthly (A) or quarterly (C) sessions, and conducting risk identification at each phase (B) is reasonable, rigidly fixing the frequency misses the point: risk identification should be responsive and iterative. During high-risk or fast-changing periods, more frequent sessions may be needed; during stable periods, less frequent reviews may suffice. The project manager must use judgment to determine when additional risk identification sessions are warranted.
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