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PMI PfMP Exam - Topic 9 Question 103 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. You have just finalized the development of the risk management plan. What do you normally expect to find in a Portfolio Risk Management Plan?
D) Roles and Responsibilities for risk management
A) Communication policies/constraints
B) Organizational risk tolerance
C) Governance Model

PMI PfMP Exam - Topic 9 Question 103 Discussion

Actual exam question for PMI's PfMP exam
Question #: 103
Topic #: 9
[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. You have just finalized the development of the risk management plan. What do you normally expect to find in a Portfolio Risk Management Plan?

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Suggested Answer: D

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This question reminds me of a practice exam where we had to outline the key components of a risk management plan. I think all these options could be relevant, but I’m unsure which ones are essential.
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Zona
5 days ago
I feel like roles and responsibilities for risk management are definitely a must-have in the plan, but I can't recall if communication policies are also standard.
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Mabelle
10 days ago
I remember we discussed organizational risk tolerance in class, and I believe it's crucial for setting the right expectations for the team.
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Janine
15 days ago
I think the governance model is really important, but I'm not entirely sure if it's always included in every risk management plan.
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