PMI Exam PMI-RMP Topic 7 Question 72 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 72
Topic #: 7

A project is delayed and the risk manager is working on a new plan for the remaining work Based on previous results the project team is having frequent issues with quality due to lack of experience in the technology used, requiring additional testing effort and rework.

How should the risk manager and team respond to this type of risk in the future?

AAvoid the risk by eliminating rework waste.

BTransfer the risk with contractual clauses.

CAccept the risk with contingency reserves.

DMitigate the risk with management reserves.

Show Suggested Answer

Suggested Answer: B

by Caprice at Mar 07, 2024, 06:33 PM

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Tom

1 months ago

Hmm, this is a tough one. I'm going to go with (B) - transferring the risk with contractual clauses. That way, the client can share in the pain of the rework and inexperience. Plus, then I can blame them if things go wrong! Just kidding, of course. But seriously, (B) seems like the way to go here.

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Lauran

1 days ago

Agreed, transparency is key in managing risks. Plus, sharing the risk can help mitigate the impact.

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Cecilia

8 days ago

I think (B) is a good option. It's important to make sure everyone is aware of the risks involved.

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Nakita

1 months ago

I'm leaning towards (C) - accepting the risk with contingency reserves. That way, the team can plan for the additional testing and rework, rather than trying to eliminate it entirely. Though I suppose (D) is also a solid option, if the team has the management reserves to spare.

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Ligia

2 days ago

That's true, but sometimes it's better to have a backup plan in case things don't go as smoothly as we hope.

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Alecia

10 days ago

But what if we could find a way to eliminate the need for rework altogether? Wouldn't that be more efficient?

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Goldie

1 months ago

I agree, having contingency reserves in place can help the team prepare for unexpected issues.

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Lucina

2 months ago

Definitely go with (D) - mitigating the risk with management reserves. This allows the team to proactively address the quality issues and lack of experience, rather than just hoping for the best. Avoiding the risk (A) or transferring it (B) doesn't seem like the right call here.

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Shayne

6 days ago

I see your point, but I still think (D) is the most proactive approach to managing the risk.

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Stefanie

10 days ago

I think (C) could also be a good choice to have contingency reserves in case things go wrong.

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Isreal

16 days ago

I agree, (D) is the best option to address the quality issues and lack of experience.

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Alonso

2 months ago

This is a tricky one. I think the best approach is to mitigate the risk with management reserves (D). Avoiding the risk by eliminating rework waste (A) might not be feasible, and transferring the risk (B) doesn't really address the root cause. Accepting the risk (C) could be risky, pun intended.

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