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Exam PMP topic 1 question 72 discussion

Actual exam question from PMI's PMP

Question #: 72
Topic #: 1

A project manager for a software development company faces a number of financial risks in their project. The project manager needs to frequently check the strength and efficiency of the risk management process.
What should the project manager use to accomplish this?

A. Brainstorming session
B. Stakeholder register
C. Assumption log
D. Audit meeting

Show Suggested Answer

Suggested Answer: D 🗳️

by thetailwind at Oct. 11, 2022, 12:39 p.m.

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PaulPMP

Highly Voted 2 years, 2 months ago

Project risk audits are often performed throughout the project to ensure that the project stays on track and remains healthy. Risk audit is the examination and documentation of the effectiveness of risk responses in dealing with identified risk and their root causes, as well as the effectiveness of the risk management process.

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Princessviv96

Most Recent 2 months, 3 weeks ago

Selected Answer: D

D- The audit meeting would the best case Scanio to better analyze and solve the current financial risk

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martinx84

1 year ago

Selected Answer: D

Audit meeting

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hoomz

1 year, 4 months ago

Selected Answer: D

Audits and Meetings are the tools for Monitor Risks Process according to PMI Process Groups Practice Guide

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Asakthi

1 year, 10 months ago

D.audit meeting

upvoted 2 times

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Philbanks

1 year, 11 months ago

Selected Answer: D

D. Audit meeting

upvoted 1 times

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smartrammy

1 year, 11 months ago

Selected Answer: D

A risk audit, or risk review, is an evaluation used to identify potential safety and operational threats, their causes and the effectiveness of established risk management processes.

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victory108

2 years, 1 month ago

Selected Answer: D

D. Audit meeting

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iamlearner

2 years, 2 months ago

Selected Answer: D

D for my side

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Sarish07

2 years, 3 months ago

D. Risk Audit will help in checking the efficiency of risk management process.

upvoted 1 times

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achacyrille

2 years, 3 months ago

Selected Answer: D

We audit processes to make sure they aligne with OPAs set in place !!!

upvoted 1 times

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alt_coffey

2 years, 4 months ago

This has to be an error, B may have been originally "risk register"

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terryp

2 years, 4 months ago

Selected Answer: D

Answer D: Audit to check alignment of processes being followed for not. 7th edition, page#79

upvoted 2 times

pinkwood

1 year, 10 months ago

I still missing in the discussions the answers like tis one. It is very useful to know where can i find it in the pmbok. Thanks a lot. Good job!!!!

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leo_gold

2 years, 6 months ago

Selected Answer: D

I prefer A however I just confirmed that there is a Risk Audit process within PMI. thoughts? https://www.pmi.org/learning/library/risk-analysis-project-management-7070

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Ganzee

2 years, 6 months ago

D. Audit meeting

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PMPStudent

2 years, 6 months ago

Selected Answer: D

D is the correct answer. Audits are the only way to tell if you are following all the processes as laid out. Risk management is no different. The organization needs to ensure that the risk management plan is respected and risk responses are applied in a time manner .

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novantuno

2 years, 6 months ago

Selected Answer: A

For me it's A, at least for the identification of the risks. Then come the qualitative and quantitative

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