PMI Exam PMI-RMP Topic 9 Question 65 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 65
Topic #: 9

The risk manager for an IT project developing a software application has a major stakeholder concerned that the project will not conclude within the available funding. The risk manager found delays in the iterations and increments in the project's budget, potentially increasing the duration by two weeks.

What tools should the risk manager use to properly decide the risk of not finishing the project within the budget?

AStakeholder management and communication tools

BTeam performance reports and analysis tools

CSchedule management tools (i.e., Gantt Charts)

DEstimation and probability analysis tools (i.e. Monte Carlo simulations)

Show Suggested Answer

Suggested Answer: C

by Glendora at Oct 02, 2023, 10:52 AM

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Beth

14 days ago

I think a combination of B and D would be best. Team performance reports and analysis tools can provide valuable data, and then probability analysis can help interpret it.

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Tien

17 days ago

I'd say C. Schedule management tools like Gantt Charts are crucial for visualizing the project timeline and identifying potential delays.

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Alita

19 days ago

Definitely go with D. Estimation and probability analysis tools like Monte Carlo simulations can help the risk manager accurately assess the likelihood of going over budget.

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