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Exam PMP topic 1 question 72 discussion

Actual exam question from PMI's PMP
Question #: 72
Topic #: 1
[All PMP Questions]

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 Hide Answer
Suggested Answer: D 🗳️
by thetailwind at Oct. 11, 2022, 12:39 p.m.

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PaulPMP
Highly Voted 2 years, 1 month 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.
upvoted 7 times
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Princessviv96
Most Recent 1 month, 1 week ago
Selected Answer: D
D- The audit meeting would the best case Scanio to better analyze and solve the current financial risk
upvoted 1 times
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martinx84
11 months ago
Selected Answer: D
Audit meeting
upvoted 1 times
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hoomz
1 year, 2 months ago
Selected Answer: D
Audits and Meetings are the tools for Monitor Risks Process according to PMI Process Groups Practice Guide
upvoted 2 times
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Asakthi
1 year, 9 months ago
D.audit meeting
upvoted 2 times
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Philbanks
1 year, 10 months ago
Selected Answer: D
D. Audit meeting
upvoted 1 times
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smartrammy
1 year, 10 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.
upvoted 1 times
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victory108
1 year, 11 months ago
Selected Answer: D
D. Audit meeting
upvoted 1 times
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iamlearner
2 years, 1 month ago
Selected Answer: D
D for my side
upvoted 1 times
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Sarish07
2 years, 1 month ago
D. Risk Audit will help in checking the efficiency of risk management process.
upvoted 1 times
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achacyrille
2 years, 2 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, 2 months ago
This has to be an error, B may have been originally "risk register"
upvoted 1 times
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terryp
2 years, 2 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, 9 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!!!!
upvoted 1 times
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leo_gold
2 years, 4 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
upvoted 2 times
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Ganzee
2 years, 4 months ago
D. Audit meeting
upvoted 1 times
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PMPStudent
2 years, 4 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 .
upvoted 2 times
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novantuno
2 years, 5 months ago
Selected Answer: A
For me it's A, at least for the identification of the risks. Then come the qualitative and quantitative
upvoted 1 times
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