PMI Exam PMI-RMP Topic 8 Question 82 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 82
Topic #: 8

A risk manager has completed a risk identification workshop tor a construction project. One of the project risks is the delay in the shipment of some materials from another country. The risk manager and their team have determined this risk's low probability and high impact score.

What kind of analysis was done to determine this?

AQualitative analysis

BRoot cause analysis (RCA)

CQuantitative analysis

DFailure mode analysis

Show Suggested Answer

Suggested Answer: B

by Adria at Jul 08, 2024, 05:21 AM

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Paulina

27 days ago

I wonder if the risk manager used a crystal ball to determine the probability and impact. That would be a unique approach!

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Hayley

29 days ago

Failure mode analysis? That's a bit too specific for this scenario. Qualitative analysis seems like the right call here.

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Tuyet

1 months ago

Root cause analysis? Nah, that's more for investigating the underlying causes of an issue, not determining the risk's characteristics.

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Mila

14 hours ago

That makes sense, it's important to assess both the likelihood and potential consequences of the risk.

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Leontine

4 days ago

We conducted a probability and impact analysis to determine the characteristics of the risk.

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Dominque

10 days ago

That makes sense, it's important to assess both the likelihood and potential consequences of a risk.

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Shawana

12 days ago

We conducted a probability and impact analysis to determine the risk's characteristics.

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Lino

1 months ago

Hmm, I'm not sure if this is a quantitative analysis. Probability and impact scoring are usually part of a qualitative risk assessment.

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Brett

12 days ago

C) Quantitative analysis

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Vince

14 days ago

B) Root cause analysis (RCA)

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Solange

15 days ago

A) Qualitative analysis

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Britt

2 months ago

Looks like they did a qualitative analysis here. Identifying the risk's probability and impact score is a classic qualitative approach.

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Timothy

15 days ago

Qualitative analysis is a good starting point for understanding the potential impact of risks.

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Dorian

25 days ago

That makes sense, it's a common method for assessing risks in projects.

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Jaclyn

1 months ago

Yes, they used qualitative analysis to determine the probability and impact score.

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Luis

2 months ago

I believe quantitative analysis could also have been used to determine the risk's probability and impact score.

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Nida

2 months ago

I agree with Joseph, because they probably assessed the probability and impact subjectively.

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Joseph

2 months ago

I think the analysis done was qualitative analysis.

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