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Exam PMI-RMP topic 1 question 4 discussion

Actual exam question from PMI's PMI-RMP
Question #: 4
Topic #: 1
[All PMI-RMP Questions]

The risk manager organizes a stakeholder meeting to obtain agreement on project risk response strategies. At the conclusion of this meeting, the risk response strategies should be which of the following?

  • A. Scheduled, budgeted, and easy for project stakeholders to understand
  • B. Cost-effective, validated by Monte Carlo analysis, and assigned
  • C. Iterative, scaled to the project, and addressing threats and opportunities
  • D. Timely, cost-effective, agreed-upon, and accepted
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️

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guymartin
2 weeks, 5 days ago
Selon Le PMBOK 6, Page 439 paragraphe 11.5 , les réponses aux risques doivent être adaptés à l'importance du risque, rentables par rapport au défi à relever, réaliste dans le contexte du projet, convenues par toutes les parties prenantes. Donc réponse D
upvoted 1 times
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akramalkablan
2 months, 2 weeks ago
Selected Answer: D
Timely, cost-effective, agreed-upon, and accepted
upvoted 1 times
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Linkedin_Dario_Conde
5 months, 3 weeks ago
Selected Answer: C
The purpose of responding and treating risks is to minimize or eliminate the potential impact the risk may pose to the achievement of set objectives . Risk response is concerned with developing strategies to reduce or eliminate the threats and events that create risks or enhance opportunities
upvoted 1 times
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Azharmak
6 months, 3 weeks ago
I stand corrected please C for both threats and opportunities
upvoted 1 times
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Azharmak
6 months, 3 weeks ago
D please to cater for both threats and opportunities.
upvoted 1 times
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emikhael
1 year, 1 month ago
Selected Answer: D
should be D
upvoted 2 times
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RoyalWarrior
1 year, 2 months ago
Although answer C does seem feasible. Answer D seems like the better answer here. Risk responses should be appropriate, timely, cost-effective, feasible, achievable, agreed-upon, assigned and accepted. Any proposed risk response plan needs to be assessed against the following criteria: 1) Consistency with org values, project objectives, and stakeholder expectations; 2) Technical feasibility. 3) The ability of the team or risk action owners outside the project to carry out the corresponding actions 4) Balance between the overall impact of the response on the project objectives and the improvement in the risk profile of the project. Unless this is a meeting held during the Plan Risk Management process to decide on possible/acceptable risk response strategies on a high-level answer D seems more accurate the Answer C
upvoted 1 times
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IBANGA007
1 year, 4 months ago
Selected Answer: D
The correct answer is: D. Timely, cost-effective, agreed-upon, and accepted. The goal of a stakeholder meeting to discuss project risk response strategies is to reach consensus on a course of action that is timely, cost-effective, agreed-upon by all parties, and accepted as the best course of action for addressing the identified risks. It is important for the risk response strategies to be agreed-upon by all stakeholders to ensure that they are effectively implemented and to avoid conflicts or misunderstandings. It is also important for the strategies to be accepted by all stakeholders, as this will help to ensure their commitment to carrying out the agreed-upon actions and achieving the desired risk management outcomes.
upvoted 3 times
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RainyLe
1 year, 5 months ago
i thought, there is D. But how is C is correct ? Could some oner help explaince
upvoted 1 times
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ahmedSayis
2 years, 5 months ago
D. Timely, cost-effective, agreed-upon, and accepted
upvoted 2 times
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JtotheL
3 years, 2 months ago
Yep B is more closed
upvoted 1 times
JtotheL
3 years, 2 months ago
Not B, but D
upvoted 2 times
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hossam83
3 years, 3 months ago
D is the best answer according to the best practice standard book from pmi
upvoted 3 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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