Question 107 - PMI-RMP discussion

According to the PMBOK Guide, one of the tools and techniques for the identify risks process isdata gathering. Data gathering is the process of collecting information from various sources to identify potential risks that may affect the project objectives.One of the data gathering techniques isdocument analysis, which involves reviewing and analyzing available project documents and other information sources to identify potential risks1.

Two of the artifacts that will help the risk manager conduct the initial risk assessment for a six month initiative are thework breakdown structure (WBS)and theproject organizational chart. These are two of the project documents that can be analyzed for potential risks in the project.

Thework breakdown structure (WBS)is a hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables. The WBS represents the work defined in the current approved project scope statement and provides the framework for detailed cost estimating, resource planning, and risk management.By reviewing the WBS, the risk manager can identify potential risks that are associated with each work package, deliverable, or scope element, such as technical complexity, quality requirements, dependencies, assumptions, constraints, and uncertainties1.

Theproject organizational chartis a graphical representation of the project team members and their reporting relationships. The project organizational chart depicts the roles and responsibilities of the project team, as well as the communication channels and authority levels among the team members and other stakeholders.By reviewing the project organizational chart, the risk manager can identify potential risks that are related to the project team structure, such as resource availability, skill gaps, team dynamics, stakeholder expectations, and conflict resolution1.

Some of the other options are not relevant or appropriate for the question scenario:

Theconfiguration management planis a component of the project management plan that describes how the project team will manage the configuration of the project's deliverables and documentation. The configuration management plan defines the processes, tools, and methods for identifying, controlling, tracking, and auditing the changes to the project's baselines.The configuration management plan is not an artifact that will help the risk manager conduct the initial risk assessment, as it does not provide information on the potential risks that may affect the project objectives or scope1.

Brainstormingis a technique for the identify risks process that involves generating a list of potential risks through a group discussion. Brainstorming is not an artifact, but rather a tool and technique for identifying risks.Brainstorming can help the risk manager conduct the initial risk assessment, but only after reviewing and analyzing the available project documents and information sources1.

Monte Carlo analysisis a technique for the perform quantitative risk analysis process that involves simulating the combined effect of individual project risks and other sources of uncertainty on the project objectives, such as cost or schedule. Monte Carlo analysis is not an artifact, but rather a tool and technique for analyzing risks.Monte Carlo analysis can help the risk manager conduct the initial risk assessment, but only after identifying and prioritizing the individual project risks and their probability and impact1.