PMI-RMP Exam - Topic 2 Question 84 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 84
Topic #: 2

A company in the mining industry accommodates a lot of innovation and changing work conditions. Because of this, the company experiences difficulty in predicting long term business plans.

How should a professional risk manager manage the risks in such situations?

AAdopt a predictive approach to manage the risks.

BAdopt agile approaches to manage the risks.

CUtilize proper documentation to help manage the risks.

DConduct weekly risk management meetings with all stakeholders.

Show Suggested Answer

Suggested Answer: B

by Mariann at Aug 02, 2024, 09:08 PM

Limited Time Offer

25%

Off

Get Premium PMI-RMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Shawnna

5 months ago

Agile is definitely the way to go in such a dynamic environment.

upvoted 0 times

...

Herminia

5 months ago

Surprised that predictive methods are even an option here!

upvoted 0 times

...

Johnson

5 months ago

Weekly meetings could help, but are they really necessary every week?

upvoted 0 times

...

Rochell

5 months ago

I disagree, proper documentation is key to managing risks effectively.

upvoted 0 times

...

Christiane

6 months ago

Agile approaches seem like the best fit for changing conditions.

upvoted 0 times

...

Laila

6 months ago

I was leaning towards a predictive approach at first, but now I wonder if that would really work given the constant changes in the industry.

upvoted 0 times

...

Alesia

6 months ago

This question reminds me of a practice case we did on mining risks. I think conducting regular meetings with stakeholders could help keep everyone aligned.

upvoted 0 times

...

Nada

6 months ago

I'm not entirely sure, but I feel like proper documentation might not be enough in such a rapidly changing environment.

upvoted 0 times

...

Ulysses

6 months ago

I remember studying about the importance of flexibility in risk management, so I think adopting agile approaches could be key here.

upvoted 0 times

...

Selene

6 months ago

Weekly risk management meetings sound like a good idea. Getting all the stakeholders involved will help us stay aligned.

upvoted 0 times

...

Ardella

6 months ago

Agile approaches seem like the way to go here. With so much uncertainty, we'll need to be flexible and responsive.

upvoted 0 times

...

Linn

6 months ago

This seems like a tricky question. I'll need to think carefully about the best approach to managing risks in a constantly changing environment.

upvoted 0 times

...

Michel

7 months ago

Proper documentation is key. We'll need to thoroughly record all risks and mitigation strategies to stay on top of things.

upvoted 0 times

...

Mignon

7 months ago

Okay, I think I've got it. The X-style management is the perception that people need to have their social needs met, not that they'll seek responsibility or be self-motivated.

upvoted 0 times

...

Paulina

7 months ago

This seems like a straightforward question about DNS routing. I'll start by thinking through how DNS works and how it might be used to route requests.

upvoted 0 times

...

Skye

11 months ago

Hey, I heard the mining industry is hiring spelunkers to manage their risks these days. Apparently, they're experts at navigating the unknown!

upvoted 0 times

...

Yvonne

11 months ago

Weekly risk management meetings? Ain't nobody got time for that! Seriously though, regular check-ins are crucial when things are this unpredictable.

upvoted 0 times

...

Cherry

11 months ago

Proper documentation is always important, but it's not enough on its own. Gotta have that agile mindset to stay ahead of the curve.

upvoted 0 times

Noemi

10 months ago

Agile practices like daily stand-up meetings can help engage stakeholders in risk management activities.

upvoted 0 times

...

Laurena

10 months ago

Proper documentation is necessary, but agile approaches are more suitable for managing risks in rapidly changing work conditions.

upvoted 0 times

...

Krystina

10 months ago

Agile methods focus on delivering value and reducing uncertainty in a dynamic environment.

upvoted 0 times

...

Salome

10 months ago

Agile approaches allow for flexibility and quick response to changes.

upvoted 0 times

...

Lonna

1 year ago

The mining industry is definitely not predictable, so a predictive approach won't work here. Agile seems like the way to go - gotta be nimble in these constantly changing conditions.

upvoted 0 times