Exam PMI-RMP topic 1 question 175 discussion

Actual exam question from PMI's PMI-RMP

Question #: 175
Topic #: 1

A project manager has been assigned to a project that is just starting. The organization has a very low risk appetite towards this project due to constraints on budget and schedule. The project stakeholders are very engaged on the project and want to ensure that there is clear visibility on the project risks and progress.

How should the project manager handle stakeholder expectations?

A. Discuss the risk response strategies with the stakeholders.
B. Ensure the risk register includes all identified risks.
C. Develop a communication plan to share updates on risks.
D. Add buffers to the schedule to accommodate risk.

Show Suggested Answer

Suggested Answer: C 🗳️

by IBANGA007 at Dec. 21, 2022, 11:19 p.m.

Comments

Submit Cancel

IBANGA007

1 year, 1 month ago

Selected Answer: C

I recommend developing a communication plan to share updates on risks with the stakeholders. Given the low risk appetite of the organization and the high level of stakeholder engagement on the project, it is important for the project manager to ensure that there is clear visibility on the project risks and progress. One way to do this is by developing a communication plan that outlines how the project manager will share updates on risks with the stakeholders. This could involve regular progress reports, risk status updates, and/or stakeholder meetings to discuss risk management strategies and progress.

upvoted 3 times

...

IBANGA007

1 year, 1 month ago

Selected Answer: B

Ensure the risk register includes all identified risks: The risk register is a document that lists all of the identified risks for a project, along with the likelihood and impact of each risk. By ensuring that all identified risks are included in the risk register, the project manager can help to provide visibility on the project's risks and help stakeholders to understand the potential impacts of those risks.

upvoted 1 times

...