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Exam PMP topic 1 question 506 discussion

Actual exam question from PMI's PMP

Question #: 506
Topic #: 1

After gathering all the requirements for a project with dependencies on external stakeholders, the project team is finishing the second iteration. At this point, the project manager learns about a possible change in regulations that would prevent the product launch.
What should the project manager do to realize benefits?

A. Add an entry in the risk log
B. Implement the changes
C. Review target benefits
D. Improve the team's velocity

Show Suggested Answer

Suggested Answer: C 🗳️

by guyver0523 at Sept. 4, 2022, 1:44 p.m.

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guyver0523

Highly Voted 2 years, 11 months ago

Selected Answer: A

A is correct

upvoted 8 times

rajeshtk

2 years, 10 months ago

The question is 'What should the project manager do to realize benefits'. So shouldn't C the answer?

upvoted 4 times

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[Removed]

2 years, 10 months ago

C is correct here. Also there's no such thing as a "Risk Log", you would add it to the risk register. This question is meant to be tricky by throwing a lot of info at you that you don't need.

upvoted 4 times

PaulPMP

2 years, 4 months ago

Logs and registers are used to record continuously evolving aspects of the project. They are updated throughout the project. The terms log and register are sometimes used interchangeably. It is not uncommon to see the term risk register or risk log referring to the same artifact. PMbook 7

upvoted 5 times

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Only12go

Highly Voted 1 year, 9 months ago

Selected Answer: C

In a situation where a possible change in regulations could affect the project's ability to realize benefits, the project manager should take the following steps: C. Review target benefits. This means the project manager should reassess the expected benefits and their feasibility in light of the potential regulatory changes. This involves revisiting the project's objectives, benefits realization plan, and business case to determine if the project can still deliver the intended value under the new regulatory conditions. Depending on the outcome of this review, the project manager may need to make adjustments to the project plan, scope, or strategy to align with the changed regulatory landscape.

upvoted 5 times

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Suldan

Most Recent 3 months, 1 week ago

Selected Answer: A

the correct answer is A as it is a risk

upvoted 2 times

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Kim222

11 months ago

Selected Answer: C

option C. The word benefit is important in the question.

upvoted 2 times

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hoomz

1 year, 5 months ago

Selected Answer: C

Understanding the specific nature of the regulatory change will determine whether a product launch will be entirely impossible or simply require modifications.

upvoted 2 times

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josephsafiran

1 year, 6 months ago

Selected Answer: C

C. Review target benefits Given the potential change in regulations that could prevent the product launch and affect the project's outcome, the project manager should review the target benefits. This involves reassessing the project's objectives, outcomes, and expected benefits in light of the new information about the possible regulatory change.

upvoted 3 times

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David983

1 year, 9 months ago

Selected Answer: C

what should the PM do to OBTAIN BENEFITS? entry a risk log is not a way to obtain benefits.

upvoted 3 times

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Aish_

1 year, 11 months ago

Selected Answer: C

In this scenario, the project manager has learned about a possible change in regulations that could impact the product launch. To ensure that the project can still realize its intended benefits, the project manager should review the target benefits of the project in light of the new information. This involves reevaluating how the potential regulatory change might affect the project's goals, objectives, and intended outcomes.

upvoted 3 times

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Thirukj

2 years, 1 month ago

A is right

upvoted 1 times

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rajeshtk

2 years, 3 months ago

The question is - What should the project manager do to realize benefits? For this the answer is "Review target benefits". If the question is - What should the project manager do to First? The answer is "Update the Risk Register".

upvoted 3 times

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