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Exam PMI-RMP topic 1 question 159 discussion

Actual exam question from PMI's PMI-RMP
Question #: 159
Topic #: 1
[All PMI-RMP Questions]

During the execution of a multi-million dollar project, the project manager learns of the theft of important installation materials at one of the most time-critical sites.
The project manager contacts the risk manager to discuss further steps, based on the risk register and the defined risk strategy for the risk of theft. However, the risk manager clarifies that the risk of theft was not identified in the risk management process.
What should the project manager do next?

  • A. Deal with the issue and instruct the risk manager to include the risk of theft in the issue log.
  • B. Update the project schedule and inform the stakeholders about the project schedule delay.
  • C. Instruct the risk manager to transfer the risk of theft to an insurance company and capture the experience in the lessons learned.
  • D. Make the risk manager responsible for the damage caused by the missing risk strategy for theft and update the project schedule.
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Suggested Answer: C 🗳️
by RoyalWarrior at March 13, 2023, 9 p.m.

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MikeMarlo
1 month, 1 week ago
Selected Answer: A
Deal with the issue also means to transfer the risk to another company, but it is open to interpretation, assessment, analysis, etc. Additionally, including the risk in the issue log is necessary step to be done, as instruct the Risk Manager about theft for future projects.
upvoted 1 times
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[Removed]
7 months, 3 weeks ago
Selected Answer: A
(C) choice is a good long-term solution, but it is not the first step. The project manager should first deal with the issue of the missing materials.
upvoted 1 times
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emikhael
1 year, 3 months ago
the key is "include the risk of theft in the issue log." we do not include risk of theft to issue log, but to the risk register.
upvoted 3 times
MikeMarlo
1 month ago
Agree!
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RoyalWarrior
1 year, 3 months ago
I see how identifying this risk and implementing a response plan (insurance) might help the project in the future, but I am not sure how this helps the project manager deal with the current issue of theft
upvoted 2 times
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C (25%)
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