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Exam CAPM topic 1 question 425 discussion

Actual exam question from PMI's CAPM
Question #: 425
Topic #: 1
[All CAPM Questions]

A project team is reviewing project performance. During the execution phase, the project team discovers that there is an off-the-shelf (OTS) product, which could reduce the time line for development.

What should the project manager do next?

  • A. Add the discovery to the assumptions.
  • B. Evaluate the risk with the project team.
  • C. Conduct an opportunity analysis with team.
  • D. Update the project management plan.
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Suggested Answer: C 🗳️

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Vangelis_1980
9 months, 1 week ago
Selected Answer: C
C. Conduct an opportunity analysis with the team. Explanation: Discovering an off-the-shelf product that can potentially reduce the project timeline is a positive development and should be considered an opportunity. A comprehensive opportunity analysis will involve: Evaluating the OTS product's capabilities and compatibility with the project's requirements. Assessing potential costs, benefits, and risks associated with adopting the OTS product. Determining the impact on the project schedule, budget, and scope. Developing potential implementation plans.
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David8989
11 months, 3 weeks ago
Opportunities are risks -- but it seems that option B and C seem almost the same Why not b?
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lamiaa
1 year, 1 month ago
this one of the questions in today's exam [ 03/12/2024
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