Exam PMP topic 1 question 1059 discussion

Actual exam question from PMI's PMP

Question #: 1059
Topic #: 1

A project for developing software for a retail company's procurement system is in the initiation phase. The project sponsor has expressed concern that the forecasted project implementation date coincides with the company's financial budget planning period.

Which two actions should the project manager take next to address this concern? (Choose two.)

A. Advise the sponsor that it is not feasible to determine if the end date will be met as the project is in the initiation phase
B. Facilitate a risk workshop with all stakeholders in attendance to identify and assess all risks to the project
C. Log the concern as a risk in the project risk register and assess the impact and severity of the risk
D. Change the project implementation date so that the concern is alleviated and no longer applicable
E. Communicate to the project sponsor that the implementation date is low risk and will not impact the project

Show Suggested Answer

Suggested Answer: BC 🗳️

by Abdelmonm at Jan. 5, 2024, 7:25 a.m.

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victory108

7 months, 1 week ago

Selected Answer: BC

B. Facilitate a risk workshop with all stakeholders in attendance to identify and assess all risks to the project C. Log the concern as a risk in the project risk register and assess the impact and severity of the risk

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Kim222

9 months ago

Selected Answer: BC

Evaluate and analyze.

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grey7744

12 months ago

B AND D

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Trytrio

1 year, 3 months ago

Selected Answer: BC

B and C

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Abdelmonm

1 year, 4 months ago

Selected Answer: BC

B. Facilitate a risk workshop with all stakeholders in attendance to identify and assess all risks to the project. C. Log the concern as a risk in the project risk register and assess the impact and severity of the risk. In this situation, the project manager should proactively address the concern by engaging stakeholders in a risk workshop to identify and assess potential risks to the project. This includes assessing the risk related to the project implementation date coinciding with the company's financial budget planning period. Logging this concern in the project risk register and assessing its impact and severity will provide a structured way to manage and mitigate the risk throughout the project lifecycle. It allows the project manager to develop a risk response plan and keep the sponsor informed about the actions taken to address the concern.

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