Task 6 Plan and Lead Risk Management Activities with Stakeholders PMI-RMP Practice Questions (Page 6)

Questions 26–30

1. 26application · medium

   During a risk prioritization workshop, the project sponsor insists that a low-probability, high-impact risk be ranked as the top priority, while the technical lead argues for a high-probability, moderate-impact risk. Both stakeholders are essential to the project. What should you do to facilitate a balanced prioritization?

   • AFacilitate a discussion using a probability-impact matrix to compare both risks objectively, and then guide the group to a consensus on ranking.
   • BAverage the two rankings to reach a compromise that satisfies both stakeholders.
   • CAsk the project manager to decide the ranking without further discussion to save time.
   • DAccept the sponsor's ranking to maintain their support, as they have final authority on project priorities.
   Reveal Solution Discussion Select an answer first
2. 27expert · hard

   In a risk prioritization session, the project sponsor wants to prioritize a risk that aligns with their personal interest, while the technical team believes another risk is more critical. The sponsor has the authority to override the team. What should you do to ensure a balanced outcome?

   • ASupport the sponsor's preference to maintain their support for the risk management process.
   • BAsk the technical team to accept the sponsor's decision to avoid conflict.
   • CFacilitate a structured discussion where both risks are evaluated against agreed criteria, and document the rationale for the final ranking.
   • DPrioritize both risks equally to satisfy both parties.
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4. 28foundation · easy

   What is the purpose of defining rules of engagement for stakeholders in risk management?

   • ATo document stakeholder contact information
   • BTo establish clear roles, responsibilities, and boundaries for stakeholder involvement
   • CTo assign blame for risk management failures
   • DTo restrict stakeholders from participating in risk activities
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5. 29foundation · easy

   A stakeholder has been assigned to own a risk response. What should the risk manager provide to empower this stakeholder?

   • AThe authority to make decisions and the budget to implement the response
   • BA requirement to report all actions to the risk manager before acting
   • CA mandate to avoid any risk-taking
   • DA list of all project risks for their review
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6. 30application · medium

   A stakeholder analysis reveals that the quality assurance (QA) manager has high interest in risk management but low influence. The QA manager has extensive knowledge of potential quality risks. How should you engage this stakeholder?

   • AInvite the QA manager to participate in risk identification workshops and provide them with detailed risk information.
   • BExclude the QA manager from risk activities to avoid overcomplicating the process.
   • CAsk the QA manager to review the final risk register but not participate in workshops.
   • DKeep the QA manager informed with high-level summaries only, as they have low influence.
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