Task 1 Perform Qualitative Analysis PMI-RMP Practice Questions (Page 6)

Questions 26–27

1. 26application · medium

   In a risk workshop, a stakeholder insists that 'the risk of a key supplier going bankrupt' should be classified as a technical risk because it affects the quality of supplied components. The RBS in the risk management plan has categories: Technical, Management, Commercial, and External. How should the risk manager coach the stakeholder?

   • AClassify it as Commercial because it involves a supplier contract and procurement.
   • BClassify it as Management because it requires supplier management.
   • CClassify it as External because the supplier is an external entity.
   • DAgree that it is technical because the impact is on component quality.
   Reveal Solution Discussion Select an answer first
2. 27expert · hard

   A project has two risks: Risk A has a probability of 80% and an impact of 3 on a 5-point scale (score 12). Risk B has a probability of 20% and an impact of 5 (score 10). The risk manager must decide which risk to address first. The project sponsor emphasizes that any high-impact risk, regardless of probability, must be addressed immediately. What should the risk manager do?

   • APrioritize Risk B because it has a higher impact, per the sponsor's directive.
   • BConduct a quantitative analysis before deciding.
   • CAddress both risks simultaneously because they have similar scores.
   • DPrioritize Risk A because it has a higher risk score.
   Reveal Solution Discussion Select an answer first