PMI Exam PMI-RMP Topic 2 Question 77 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 77
Topic #: 2

A budget change request was initiated by a functional manager in an organization due to a shortage in the functional manager's department budget. The functional manager asks the CEO to approve utilization of a contingency budget reserved for one of the projects in its closing phase.

What should the risk manager of the related project have done to prevent this situation from happening?

AReformed the risk monitoring and closing process properly.

BCreated the project work plan and budget more accurately.

CEducated the project team on budget change requests.

DCommunicated better with the organization's CEO.

Show Suggested Answer

Suggested Answer: A, B, D

by Youlanda at May 10, 2024, 06:50 PM

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Rosio

1 months ago

I bet the risk manager was too busy playing Tetris to properly monitor the project's budget. That's the real reason this situation happened.

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Ammie

1 months ago

Haha, the risk manager should have consulted a crystal ball to predict the future budget needs. That would have been more effective than any of these options!

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Mattie

1 months ago

Communicating better with the CEO? Really? I doubt that would have made a difference. The risk manager should have been on top of the project's finances and not let it get to this point.

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Marion

15 days ago

C: Educating the project team on budget change requests could have also been beneficial in preventing this shortage.

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Judy

23 days ago

B: Yeah, creating a more accurate project work plan and budget would have helped avoid this situation.

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Sylvie

29 days ago

A: The risk manager should have reformed the risk monitoring and closing process properly.

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Silvana

1 months ago

Educating the project team on budget change requests is a good idea, but I don't think it would have solved the root cause of the problem. The risk manager needs to be proactive in managing the project's budget.

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Lashandra

2 months ago

Creating the project work plan and budget more accurately seems like the best option here. If the budget was planned properly, there wouldn't have been a shortage in the first place.

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Pearly

14 days ago

User 3: Reformed risk monitoring and closing process could have also helped in avoiding this situation.

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Yen

23 days ago

User 2: That's true, proper planning could have prevented the budget shortage.

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Linsey

1 months ago

User 1: The risk manager should have created the project work plan and budget more accurately.

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Dominga

2 months ago

Maybe educating the project team on budget change requests could have also helped in this situation.

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Wenona

2 months ago

I think the risk manager should have reformed the risk monitoring and closing process properly. Having a robust process in place could have helped prevent this situation.

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