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Question 94 - PMI-RMP discussion

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A core project team is working on unrelated tasks in advance to reduce the risk of delay due to an external team not completing its tasks on time. The core project team has completed all possible unrelated tasks but cannot move forward, because the external team's tasks have yet to be completed.

What should the risk manager do next?

A.

Start a quantitative analysis to understand the impact.

Answers
A.

Start a quantitative analysis to understand the impact.

B.

Crash the schedule to mitigate the risk consequences.

Answers
B.

Crash the schedule to mitigate the risk consequences.

C.

Transfer the risk to the external team.

Answers
C.

Transfer the risk to the external team.

D.

Ask the risk owners to review the risk response plan.

Answers
D.

Ask the risk owners to review the risk response plan.

Suggested answer: D

Explanation:

According to the PMBOK Guide, the risk response plan is the set of actions that the project team will take to address the identified risks. The risk response plan should be reviewed and updated periodically throughout the project lifecycle, as new risks may emerge or existing risks may change. The risk owners are the persons assigned the responsibility of monitoring the risks and implementing the risk response actions. The risk owners should work with the risk manager and other stakeholders to evaluate the effectiveness of the risk response plan and make any necessary adjustments. In this case, the risk manager should ask the risk owners to review the risk response plan and see if there are any alternative or additional actions that can be taken to deal with the delay caused by the external team. Starting a quantitative analysis, crashing the schedule, or transferring the risk are not appropriate actions for this situation, as they are either too late, too costly, or too risky.Reference: = PMBOK Guide, 6th edition, pages 452-453; The Standard for Risk Management in Portfolios, Programs, and Projects, page 79.

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asked 14/11/2024
ayodele fakayode
35 questions
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