BICSI RCDDv14.1 Exam - Topic 1 Question 9 Discussion

Actual exam question for BICSI's RCDDv14.1 exam

Question #: 9
Topic #: 1

An initiative involves the development of new technology and leverages existing technologies It is determined critical by the program governance board and the program sponsor that a comprehensive risk management plan be put in place. In what phase is the nsk management plan created?

AProgram definition

BProgram execution management

CProgram delivery

DProgram risk management planning

Show Suggested Answer

Suggested Answer: D

by Maurine at Mar 01, 2023, 08:51 AM

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Pamella

5 months ago

Definitely D, risk management is key from the start!

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Jutta

5 months ago

Wait, is it really that early? Seems a bit premature to me.

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Agustin

5 months ago

I thought it was during program execution management, not sure now.

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Lelia

5 months ago

Totally agree, it sets the foundation for everything!

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Dalene

5 months ago

Risk management plans are usually created in the program definition phase.

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Aleisha

6 months ago

I’m leaning towards option D too, but I wonder if it overlaps with the program delivery phase somehow.

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Jackie

6 months ago

I feel like it could also be part of program execution management, but that doesn't seem right for a comprehensive plan.

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Novella

6 months ago

I remember a practice question that mentioned risk management planning specifically, which might relate to option D.

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Vonda

6 months ago

I think the risk management plan is created during the program definition phase, but I'm not entirely sure.

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Judy

6 months ago

Okay, let me see. The components are things like setting objectives, identifying risks, and responding to them. I don't think performance or complex calculations are part of it, so I'll go with B, changing environment.

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Geraldine

6 months ago

The passage seems to indicate that there are no issues or deficiencies being reported, so I'm leaning towards it being a management representation letter. That's where management affirms the accuracy of the financial statements.

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Galen

6 months ago

I'm pretty sure the answer is Token, but I'll double-check my notes just to be sure.

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Alverta

6 months ago

This is a tricky one. I'm not sure if I should be allocating the unallocated costs and interest expense proportionally or if there's a different approach I should be taking. I better re-read the question carefully.

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Ricki

11 months ago

You know, I was just thinking about how the program sponsor must really be a risk-averse person to insist on a comprehensive risk management plan. Wonder if they're related to the Risk Police or something.

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Sherill

10 months ago

C) Program delivery

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Vincenza

10 months ago

C) Program delivery

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Dottie

10 months ago

B) Program execution management

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Justine

10 months ago

B) Program execution management

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Rodrigo

11 months ago

A) Program definition

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Vicky

11 months ago

A) Program definition

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Lisbeth

11 months ago

Hold on, isn't it in the program risk management planning phase? I mean, that's literally the name of the phase, so it has to be the correct answer.

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Lili

11 months ago

Nah, I think it's in the program execution management phase. That's when you actually start implementing the plan and managing the risks.

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Regenia

9 months ago

Definitely, having a comprehensive risk management plan is crucial for success.

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Roxane

9 months ago

I agree, it's important to manage the risks during that phase.

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Casandra

9 months ago

Yeah, that makes sense. That's when you start implementing the plan.

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Wilbert

9 months ago

I think it's in the program execution management phase.

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Jose

10 months ago

Definitely, you need to be proactive in addressing any potential risks.

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Huey

11 months ago

I agree, it's important to manage the risks during that phase.

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Marguerita

11 months ago

I see your point, but I still think it's in the program execution management phase. That's when you really start taking action on the risks.

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Geraldine

11 months ago

I disagree, I think it's in the program risk management planning phase. That's when you specifically focus on identifying, analyzing, and responding to risks.

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