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PMI PfMP Exam - Topic 1 Question 57 Discussion

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. For this you maintain a risk register. The risk register is used throughout the portfolio life cycle in order to track and manage risks. It is continually updated throughout the portfolio life cycle. As a portfolio manager, you know that the risk register includes all of the following except
A) Probability Impact Assessment
B) List of potential responses
C) Updated risk categories
D) Person who Identified the risk

PMI PfMP Exam - Topic 1 Question 57 Discussion

Actual exam question for PMI's PfMP exam
Question #: 57
Topic #: 1
[All PfMP Questions]

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. For this you maintain a risk register. The risk register is used throughout the portfolio life cycle in order to track and manage risks. It is continually updated throughout the portfolio life cycle. As a portfolio manager, you know that the risk register includes all of the following except

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Suggested Answer: A

by Tracey at Feb 14, 2024, 02:43 AM

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Clement
8 months ago
Not sure if the risk register should really have all those details.
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Yolando
8 months ago
Probability impact assessment is crucial, can't believe it's not in there.
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Yvonne
8 months ago
Surprised that updated risk categories aren't always included!
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Nana
9 months ago
I agree, but I think the person who identified the risk is also important.
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Mitzie
9 months ago
The risk register definitely tracks potential responses.
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Jacquelyne
9 months ago
I have a vague memory that updated risk categories might not be a standard part of the register, but I need to double-check that.
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Micheal
9 months ago
We practiced a similar question about risk responses, and I feel like the list of potential responses is crucial for managing risks effectively.
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Heike
9 months ago
I think the probability impact assessment is definitely part of the risk register, but I can't recall if the person who identified the risk is always listed.
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Tyra
10 months ago
I remember discussing the risk register in class, but I'm not entirely sure if updated risk categories are always included.
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Pearlene
10 months ago
I've got a good feeling about this question. The risk register is something I've worked with a lot, so I'm confident I can identify the one item that's not typically included.
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Van
10 months ago
This is a tricky one. The risk register is a crucial tool for managing risk, so I need to make sure I understand all the key components.
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Jaime
10 months ago
Okay, I think I've got a good strategy here. I'll go through the options and eliminate the ones that are clearly included in a risk register, then choose the one that's left.
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Celeste
10 months ago
Hmm, I'm a bit unsure about this one. The risk register covers a lot of different elements, so I'll need to carefully consider each option.
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Gayla
10 months ago
This question seems straightforward. I'll focus on identifying the one item that is not typically included in a risk register.
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Diego
10 months ago
Okay, I think the key here is to look for where Microsoft 365 service health information is displayed. Based on the question, that sounds like it would be in the Service Health section of the admin center.
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Marget
10 months ago
I'm a bit confused by the requirement that the on-premises system can't be modified. That seems like it could be a major constraint. I'll need to think through the implications of that more carefully.
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Barrett
10 months ago
I'm pretty sure the two key functions are MEP and MIP, but I'll double-check the details in the question just to be sure.
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Ma
1 year ago
The person who identified the risk? That's like asking for the name of the person who invented the wheel. It's ancient history, my friend. Let's just make sure we don't reinvent that particular wheel, shall we?
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Alfreda
1 year ago
C) Updated risk categories
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Antonio
1 year ago
B) List of potential responses
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Rory
1 year ago
A) Probability Impact Assessment
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Hermila
1 year ago
The person who identified the risk? Really? That's like asking for the name of the person who bought the first light bulb. Let's focus on the important stuff, like managing the risks effectively.
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Peter
1 year ago
C) Updated risk categories
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Penney
1 year ago
B) List of potential responses
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Arlene
1 year ago
A) Probability Impact Assessment
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Lizbeth
1 year ago
Probability Impact Assessment, List of potential responses, and Updated risk categories - those are all essential for effective risk management. The person who identified the risk is just a trivia question, not a core part of the risk register.
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Laurel
1 year ago
C) Updated risk categories
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Shalon
1 year ago
B) List of potential responses
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Hollis
1 year ago
A) Probability Impact Assessment
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Florinda
1 year ago
Ah, the person who identified the risk? That's like asking for the name of the person who discovered gravity. It's not important for managing the risks, is it?
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Levi
1 year ago
C) Updated risk categories
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Yen
1 year ago
B) List of potential responses
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Lynna
1 year ago
A) Probability Impact Assessment
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Gladys
1 year ago
C) Updated risk categories
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Janessa
1 year ago
B) List of potential responses
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Natalya
1 year ago
A) Probability Impact Assessment
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Vicky
1 year ago
The risk register should contain all the options listed, except for the person who identified the risk. That's not a necessary component of the risk register.
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Lonna
1 year ago
I agree with Vanna, C) Updated risk categories is crucial for managing risks effectively.
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Vanna
1 year ago
I disagree, I believe it is C) Updated risk categories because those are essential for tracking and managing risks.
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Clarence
1 year ago
I think the answer is D) Person who Identified the risk.
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