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Exam PMI-RMP topic 1 question 193 discussion

Actual exam question from PMI's PMI-RMP
Question #: 193
Topic #: 1
[All PMI-RMP Questions]

A new project manager has been assigned to work on an ongoing project. When checking the project documentation, the project manager realizes the risk register items do not comply with the contracted scope. The project manager wants to use an objective method to determine the key project risks and develop response plans.

What action should the risk manager propose?

  • A. Hire a risk expert to perform a PESTLE evaluation.
  • B. Review the lessons learned from other projects.
  • C. Ask the team to perform a Monte Carlo analysis.
  • D. Ask the team to perform an earned value analysis.
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Suggested Answer: A 🗳️
by MikeMarlo at May 20, 2024, 5:46 p.m.

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TheAWSGuru
2 months, 1 week ago
Selected Answer: A
A is the right answer
upvoted 1 times
...
MikeMarlo
4 months ago
Selected Answer: C
Risk assessment is done in Quantitative Analysis in order to determine the potential risks that a project has. In this case we can use EMV, Sensitivity Analysis, Monte Carlo simulations, etc. Hire >> never an option Lessons Learned >> useful for insights and context, not to analyze information EVA >> comparison actual schedule/cost vs baselines
upvoted 1 times
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