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PMI Exam PMI-RMP Topic 6 Question 101 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 101
Topic #: 6
[All PMI-RMP Questions]

A risk manager is reviewing documentation for a project following a risk planning workshop with project stakeholders and team members. Several items have been identified on the risk log that would be detrimental to project success, but the associated triggers cannot be managed by the organization and are unlikely to occur.

Which response should the risk manager recommend for these risk items?

Show Suggested Answer Hide Answer
Suggested Answer: B

According to the PMI Risk Management Professional (PMI-RMP) Examination Content Outline1, one of the tasks in the domain ofRisk Responseis to recommend risk response strategies based on the risk appetite and tolerance of the organization and stakeholders1.One of the strategies for negative risks or threats isrisk acceptance, which involves acknowledging the existence of a threat and making a conscious decision to accept it without taking any action2. In this scenario, the risk manager should recommend risk acceptance for the risk items that would be detrimental to project success, but the associated triggers cannot be managed by the organization and are unlikely to occur.Risk acceptance is appropriate when the risk exposure is low, the cost of other responses is high, or the risk response is outside the scope or influence of the project3.The risk manager should not recommend risk mitigation, which involves reducing the probability and/or impact of a threat2.The risk manager should not recommend risk enhancement, which is a strategy for positive risks or opportunities, not negative risks or threats2.The risk manager should not recommend risk exploitation, which is also a strategy for positive risks or opportunities, not negative risks or threats2.Reference:1: PMI Risk Management Professional (PMI-RMP) Examination Content Outline, page 102: A Guide to the Project Management Body of Knowledge (PMBOK Guide) -- Sixth Edition, page 4363: A Guide to the Project Management Body of Knowledge (PMBOK Guide) -- Sixth Edition, page 437.


Contribute your Thoughts:

Vanda
2 days ago
I think mitigating the risks would be the safest option for the project.
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Steffanie
5 days ago
I agree with Yoko, enhancing the risks could lead to better project outcomes.
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Yoko
8 days ago
I disagree, I believe the risk manager should recommend to enhance those risks.
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Willodean
13 days ago
D) Exploit? Really? That's like trying to harness a tornado or tame a wild tiger. B) Accept is the way to go, my friend. Might as well just sit back and enjoy the show.
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Alysa
16 days ago
Hmm, this one's a bit tricky. But I'd have to go with B) Accept. Trying to exploit these risks seems like a risky move, and enhancing them is just plain crazy. Best to play it safe and accept them.
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Shawna
9 days ago
Accept
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Willodean
28 days ago
B) Accept makes the most sense to me. There's no point in trying to mitigate or enhance risks that are out of our hands. Might as well just accept them and move on.
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Bernardine
11 days ago
User 3: Accepting the risks and moving on seems like the most practical approach in this situation.
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Celia
12 days ago
User 2: Definitely, it's better to focus our efforts on risks that we can actually manage.
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Billy
16 days ago
User 1: I agree, accepting the risks that we can't control is the best option.
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Carissa
1 months ago
I think the risk manager should recommend to accept those risks.
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Whitley
2 months ago
I think the correct answer here is B) Accept. If the triggers for these risks are outside the organization's control and unlikely to occur, then accepting the risk seems like the best approach.
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Angelyn
12 days ago
But what about mitigating the risk? Wouldn't that be a better option to consider?
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Owen
1 months ago
I agree, accepting the risk would be the most appropriate response in this situation.
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