Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

PMI Exam PMI-RMP Topic 4 Question 74 Discussion

Actual exam question for PMI's PMI Risk Management Professional exam
Question #: 74
Topic #: 4
[All PMI Risk Management Professional Questions]

Todd is the project manager of the EST project for his company. His organization has established certain rules in the enterprise environmental factors which affect the approach that Todd takes in managing his project. One of the rules requires Todd to consider the risk attitude of the stakeholders participating in risk analysis. Why must risk attitude be considered as a part of risk analysis?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Jamal at Apr 09, 2024, 06:18 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel
Anglea
13 days ago
Agreed, option C is a bit of a head-scratcher. I think it's trying to get at something about stakeholder classification, but it's not very clear.
upvoted 0 times
...
Malcolm
13 days ago
Hmm, I'm not so sure. Option B seems like it could be just as valid. Stakeholder influence is a big factor in project decisions, and their risk appetite is a key part of that equation.
upvoted 0 times
...
Isabelle
14 days ago
I think option A is the way to go here. Risk attitude can definitely skew our perception of probability and impact. You know what they say, 'one person's risk is another's opportunity'!
upvoted 0 times
...
Elliott
15 days ago
Haha, I'm not too sure about option C. 'Hygiene seekers' and 'motivation seekers'? That sounds a bit too HR-ish for a project management exam question.
upvoted 0 times
...
Carin
15 days ago
Absolutely, I agree. If we don't consider the stakeholders' risk attitudes, we could end up making decisions that completely miss the mark. It's like trying to navigate a storm without knowing which way the wind is blowing.
upvoted 0 times
...
Vallie
16 days ago
Option B also makes sense to me. The stakeholders' risk attitude could influence the level of involvement they have in project decision-making related to risks.
upvoted 0 times
...
Alona
16 days ago
Wow, this question really hits the nail on the head! Risk attitude is crucial in risk analysis, as it can drastically impact how we interpret and respond to potential project risks.
upvoted 0 times
Kris
15 hours ago
A) Risk attitude can affect the measurement of probability and impact.
upvoted 0 times
...
...
Colby
17 days ago
Yeah, I was leaning towards option A as well. Stakeholders with a high-risk appetite might perceive risks differently than those who are more risk-averse.
upvoted 0 times
...
Rodrigo
19 days ago
I agree, the risk attitude of stakeholders is crucial. It can definitely affect how we measure the probability and impact of risks, which is what option A is getting at.
upvoted 0 times
...
Margarett
20 days ago
Hmm, this question is definitely testing our understanding of risk management principles. I think the key here is recognizing how stakeholder risk attitude can impact the overall risk analysis process.
upvoted 0 times
...

Save Cancel