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PMI-RMP Exam - Topic 2 Question 46 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 46
Topic #: 2
[All PMI-RMP Questions]

Your project has several risks that may cause serious financial impact should they happen. You have studied the risk events and made some potential risk responses for the risk events but management wants you to do more. They'd like for you to create some type of a chart that identified the risk probability and impact with a financial amount for each risk event. What is the likely outcome of creating this type of chart?

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Suggested Answer: C

by Rikki at May 05, 2022, 12:09 PM

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Dorian
4 months ago
Totally agree, a risk response plan is essential after this!
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Simona
4 months ago
Wait, will a chart really help? Seems a bit simplistic.
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An
4 months ago
I think a contingency reserve is more important than just a chart.
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Wei
4 months ago
Definitely need that quantitative analysis to back up decisions.
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Mozell
4 months ago
Sounds like a solid plan for managing risks!
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Cassi
5 months ago
I feel like the chart could help in developing a risk response plan, but I'm not confident about that.
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Darell
5 months ago
This seems similar to a practice question we did on risk management, where we had to evaluate the financial implications of risks.
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Corinne
5 months ago
I'm not entirely sure, but I think it might lead to a quantitative analysis of the risks, right?
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Sommer
5 months ago
I remember we talked about how creating a chart like this could help in prioritizing risks based on their financial impact.
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Nan
5 months ago
Okay, I think I've got a strategy for this. Exploratory testing can help us test effectively without a complete test basis, which seems like the most relevant benefit here.
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Huey
5 months ago
Hmm, this looks tricky. I'm not sure I'm following the units and conversions here. I better re-read the question carefully and make sure I understand what they're asking.
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Lacey
5 months ago
I'm leaning towards option B because it seems to make sense, but I have a nagging feeling I might be getting it mixed up with sub-services.
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