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BICSI RCDDv14.1 Exam - Topic 1 Question 9 Discussion

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?
D) Program risk management planning
A) Program definition
B) Program execution management
C) Program delivery

BICSI RCDDv14.1 Exam - Topic 1 Question 9 Discussion

Actual exam question for BICSI's RCDDv14.1 exam
Question #: 9
Topic #: 1
[All RCDDv14.1 Questions]

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?

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Suggested Answer: D

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

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Pamella
8 months ago
Definitely D, risk management is key from the start!
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Jutta
8 months ago
Wait, is it really that early? Seems a bit premature to me.
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Agustin
8 months ago
I thought it was during program execution management, not sure now.
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Lelia
8 months ago
Totally agree, it sets the foundation for everything!
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Dalene
8 months ago
Risk management plans are usually created in the program definition phase.
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Aleisha
9 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
9 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
9 months ago
I remember a practice question that mentioned risk management planning specifically, which might relate to option D.
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Vonda
9 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
9 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
9 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
9 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
9 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
1 year 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
1 year ago
C) Program delivery
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Vincenza
1 year ago
C) Program delivery
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Dottie
1 year ago
B) Program execution management
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Justine
1 year ago
B) Program execution management
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Rodrigo
1 year ago
A) Program definition
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Vicky
1 year ago
A) Program definition
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Lisbeth
1 year 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
1 year 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
1 year ago
Definitely, having a comprehensive risk management plan is crucial for success.
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Roxane
1 year ago
I agree, it's important to manage the risks during that phase.
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Casandra
1 year ago
Yeah, that makes sense. That's when you start implementing the plan.
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Wilbert
1 year ago
I think it's in the program execution management phase.
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Jose
1 year ago
Definitely, you need to be proactive in addressing any potential risks.
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Huey
1 year ago
I agree, it's important to manage the risks during that phase.
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Marguerita
1 year 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
1 year 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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Doyle
1 year ago
Yeah, that makes sense. That's when you start implementing the plan.
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Queenie
1 year ago
I think it's in the program execution management phase.
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Justine
1 year ago
The risk management plan is definitely created in the program definition phase. That's when you identify and assess all the potential risks, right?
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Ernie
1 year ago
Actually, I believe it's in Program risk management planning phase, as it specifically focuses on managing risks.
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Nan
1 year ago
I agree with Ryan, because that's when the overall program plan is developed.
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Ryan
1 year ago
I think the risk management plan is created in Program definition phase.
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