Task 6 PFMP Practice Questions (Page 6)

Questions 26–28

1. 26application · medium

   A portfolio manager is updating the risk register after implementing a risk response. What should be included in the update?

   • AThe response actions, the current risk level, and the response owner.
   • BThe response owner only.
   • COnly the current risk level.
   • DOnly the response actions.
   Reveal Solution Discussion Select an answer first
2. 27foundation · easy

   What should be done if monitoring reveals that a risk response is not effectively reducing risk to the desired level?

   • AIncrease the risk threshold to accommodate the current response
   • BAdjust the risk response or select an alternative response
   • CRemove the risk from the portfolio risk register
   • DIgnore the finding and continue with the original response
   Reveal Solution Discussion Select an answer first
3. 28application · medium

   A portfolio risk response involves shifting a critical resource from a project that is on schedule to a project that is at risk of missing a regulatory deadline. The project manager of the on-schedule project objects. What should the portfolio manager do?

   • AExplain the portfolio-level benefit and negotiate a compromise, such as a partial reallocation.
   • BEscalate to the governance board to override the project manager.
   • CCancel the risk response and accept the regulatory risk.
   • DReassign the resource immediately because the portfolio manager has authority.
   Reveal Solution Discussion Select an answer first