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PMI-RMP Exam - Topic 6 Question 101 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 101
Topic #: 6
[All PMI-RMP Questions]

A risk manager is reviewing documentation for a project following a risk planning workshop with project stakeholders and team members. Several items have been identified on the risk log that would be detrimental to project success, but the associated triggers cannot be managed by the organization and are unlikely to occur.

Which response should the risk manager recommend for these risk items?

Show Suggested Answer Hide Answer
Suggested Answer: B

According to the PMI Risk Management Professional (PMI-RMP) Examination Content Outline1, one of the tasks in the domain ofRisk Responseis to recommend risk response strategies based on the risk appetite and tolerance of the organization and stakeholders1.One of the strategies for negative risks or threats isrisk acceptance, which involves acknowledging the existence of a threat and making a conscious decision to accept it without taking any action2. In this scenario, the risk manager should recommend risk acceptance for the risk items that would be detrimental to project success, but the associated triggers cannot be managed by the organization and are unlikely to occur.Risk acceptance is appropriate when the risk exposure is low, the cost of other responses is high, or the risk response is outside the scope or influence of the project3.The risk manager should not recommend risk mitigation, which involves reducing the probability and/or impact of a threat2.The risk manager should not recommend risk enhancement, which is a strategy for positive risks or opportunities, not negative risks or threats2.The risk manager should not recommend risk exploitation, which is also a strategy for positive risks or opportunities, not negative risks or threats2.Reference:1: PMI Risk Management Professional (PMI-RMP) Examination Content Outline, page 102: A Guide to the Project Management Body of Knowledge (PMBOK Guide) -- Sixth Edition, page 4363: A Guide to the Project Management Body of Knowledge (PMBOK Guide) -- Sixth Edition, page 437.


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Natalya
2 months ago
Wait, so we just accept risks that could hurt the project? Really?
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Luann
2 months ago
I disagree, we should always try to mitigate!
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Ranee
2 months ago
Sounds like accepting those risks is the way to go.
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Jaime
3 months ago
Yeah, if the triggers are unlikely, accepting makes sense.
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Ezekiel
3 months ago
Enhancing might be an option too, but it depends on the context.
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Galen
3 months ago
I think we talked about exploiting risks that could be beneficial, but in this case, it seems like acceptance is the way to go since the triggers are unlikely.
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Pilar
3 months ago
I feel like the right answer could be to accept the risk, especially since the triggers are out of our control. But I’m not 100% confident.
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Delfina
4 months ago
I’m not entirely sure, but I think we might have covered a similar question where we decided to enhance risks that were manageable. This feels different since the triggers can't be managed.
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Kirk
4 months ago
I remember discussing how if triggers are unlikely to occur, it might be best to just accept the risk rather than spend resources trying to mitigate it.
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Vince
4 months ago
The key here is that the triggers can't be managed by the organization. That means mitigation is off the table. Accepting the risks is the logical choice.
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Lorita
4 months ago
I'm a little confused. What's the difference between accepting and enhancing the risks? Shouldn't we try to do something to improve the situation?
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Jeannine
4 months ago
I think accepting the risks is the way to go here. The question says the triggers can't be managed, so trying to mitigate them would be a waste of time and resources.
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Leatha
5 months ago
Hmm, I'm not sure. Accepting the risks seems risky, even if they're unlikely. Maybe we should look into ways to mitigate them just in case.
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Lauran
5 months ago
This one seems pretty straightforward. If the triggers can't be managed and the risks are unlikely to occur, the best option is to accept them.
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Vanda
8 months ago
I think mitigating the risks would be the safest option for the project.
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Steffanie
8 months ago
I agree with Yoko, enhancing the risks could lead to better project outcomes.
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Yoko
9 months ago
I disagree, I believe the risk manager should recommend to enhance those risks.
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Willodean
9 months ago
D) Exploit? Really? That's like trying to harness a tornado or tame a wild tiger. B) Accept is the way to go, my friend. Might as well just sit back and enjoy the show.
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Alysa
9 months ago
Hmm, this one's a bit tricky. But I'd have to go with B) Accept. Trying to exploit these risks seems like a risky move, and enhancing them is just plain crazy. Best to play it safe and accept them.
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Shawna
8 months ago
Agreed, accepting the risks is the safest option.
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Shawna
9 months ago
Accept
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Willodean
9 months ago
B) Accept makes the most sense to me. There's no point in trying to mitigate or enhance risks that are out of our hands. Might as well just accept them and move on.
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Thurman
8 months ago
Celia: Mitigating or enhancing risks that are unlikely to occur would just be a waste of resources.
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Bernardine
9 months ago
User 3: Accepting the risks and moving on seems like the most practical approach in this situation.
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Celia
9 months ago
User 2: Definitely, it's better to focus our efforts on risks that we can actually manage.
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Billy
9 months ago
User 1: I agree, accepting the risks that we can't control is the best option.
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Carissa
9 months ago
I think the risk manager should recommend to accept those risks.
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Whitley
10 months ago
I think the correct answer here is B) Accept. If the triggers for these risks are outside the organization's control and unlikely to occur, then accepting the risk seems like the best approach.
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Whitney
8 months ago
I think in this case, accepting the risk is the best choice since the triggers are outside our control.
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Angelyn
9 months ago
But what about mitigating the risk? Wouldn't that be a better option to consider?
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Owen
9 months ago
I agree, accepting the risk would be the most appropriate response in this situation.
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