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PMI Exam PMI-RMP Topic 8 Question 81 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 81
Topic #: 8
[All PMI-RMP Questions]

A risk manager manages risks in a construction project. A stakeholder mentions that if there is less than a 50% chance of rain, construction should continue. Another stakeholder says that if there is less than a 60% chance of rain, construction should continue.

What should the risk manager do next to find out the correct limit?

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Suggested Answer: A

Contribute your Thoughts:

Carolann
1 months ago
Wait, did someone say 'rain'? Time to break out the umbrellas, folks! I wonder if the risk manager can do a rain dance to influence the weather.
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Augustine
1 months ago
C: Find out the stakeholders' risk appetite
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Gladis
1 months ago
B: Perform a sensitivity analysis of the risk
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Marylou
1 months ago
A: Review the agreed-upon risk tolerance
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Sabine
2 months ago
Nah, nah, the answer is clearly using industry standard risk thresholds. Can't go wrong with the tried and true, am I right?
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Cary
8 days ago
C: Actually, I believe using industry standard risk thresholds is the way to go.
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Jeanice
9 days ago
B: No way, we should definitely perform a sensitivity analysis of the risk.
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Noelia
1 months ago
A: I think we should review the agreed-upon risk tolerance.
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Gladis
2 months ago
Hold up, I reckon the risk manager should find out the stakeholders' risk appetite. That's the key to understanding what they're really looking for here.
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Yong
1 months ago
D: Use industry standard risk thresholds
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Dannette
1 months ago
C: Find out the stakeholders' risk appetite
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Felton
2 months ago
B: Perform a sensitivity analysis of the risk
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Aleta
2 months ago
A: Review the agreed-upon risk tolerance
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Leigha
2 months ago
Well, if you ask me, the risk manager should perform a sensitivity analysis of the risk. That way, they can really get a grip on the situation and make an informed decision.
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Kenny
2 months ago
But shouldn't the risk manager also consider the stakeholders' risk appetite to make an informed decision?
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Broderick
2 months ago
Hmm, this is a tricky one. I think the risk manager should review the agreed-upon risk tolerance to find the correct limit. Gotta stick to the plan, you know?
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Derick
2 months ago
I agree with Dong. It's important to stick to what has been agreed upon.
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Dong
2 months ago
I think the risk manager should review the agreed-upon risk tolerance.
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Irene
2 months ago
But what if the stakeholders' risk appetite is different? Maybe we should find that out first.
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Bobbye
2 months ago
I agree with Merilyn. It's important to stick to the agreed limits.
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Merilyn
2 months ago
I think the risk manager should review the agreed-upon risk tolerance.
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