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Exam PMI-RMP topic 1 question 101 discussion

Actual exam question from PMI's PMI-RMP
Question #: 101
Topic #: 1
[All PMI-RMP Questions]

At the completion of a small project, the risk manager performs a risk audit and finds that several identified risks had occurred, and the impact was significantly larger than expected. While the project remained on schedule, the project budget increased by 50%. The project met all risk response milestones and no additional, previously unidentified risks, occurred on the project.
Based on this information, what risk management process improvement should the risk manager recommend for future similar projects?

  • A. Increase frequency of risk management meetings with the project manager.
  • B. Revise the level of accuracy of probability and impact scores.
  • C. Document the risk audit report and capture it in the lessons learned database.
  • D. Expand the use of risk identification techniques.
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Suggested Answer: C 🗳️
by hamood123 at July 12, 2023, 5:50 p.m.

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attarinho
3 months, 1 week ago
Selected Answer: C
It's not bad cost estimates, it's just they didn't provide enough budget for contingency reserves reserves, and therefore the problem was the impact scores not calculated properly.
upvoted 1 times
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Azharmak
6 months, 2 weeks ago
C is right
upvoted 1 times
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OMG4567
7 months, 3 weeks ago
Selected Answer: B
I agree, should be B since there is no evidence that the plan, the identification and execution was bad. The project suffered from bad cost estimates.
upvoted 1 times
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hamood123
10 months, 1 week ago
Should be B
upvoted 2 times
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