Exam PfMP topic 1 question 109 discussion

Actual exam question from PMI's PfMP

Question #: 109
Topic #: 1

A portfolio manager is having a status meeting with the various program managers within the portfolio. One of the program managers mentions a new risk that may impact a deliverable. While it has a low probability, the risk would nearly double the program’s costs and affect the overall portfolio if it occurred.
The best course of action for the portfolio manager to take is to:

A. advise the program manager to manage low probability risks within the program and escalate them if their probabilities increase.
B. ensure contingency reserves are allocated and application approaches are developed.
C. escalate new portfolio risks to the steering committee in accordance with the risk management plan.
D. perform a risk assessment with subject matter experts to understand the risk’s impact.

Show Suggested Answer

Suggested Answer: C 🗳️

by NiAZY at July 30, 2023, 11:49 a.m.

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dnskanakov

1 year, 1 month ago

i think C is correct as it mentions 'in accordance with the risk management plan.'

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NiAZY

1 year, 6 months ago

why not the answer D before going the escalation answer in C

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