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PMI-RMP Exam - Topic 9 Question 116 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 116
Topic #: 9
[All PMI-RMP Questions]

In the early stages of a manufacturing project, a risk manager has identified a risk with a component provided by an external supplier that might be delayed. The delay may or may not be significant to the project.

What should the risk manager do?

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Suggested Answer: C

Setting risk thresholds in collaboration with stakeholders ensures clarity on what is considered tolerable risk. PMBOK Guide and ISO 31000 state:

'Risk thresholds reflect the degree of risk that stakeholders are willing to accept. These should be defined collaboratively at the start of the project.'

--- PMBOK Guide, 6th Edition, Section 11.1

'The organization should define its risk criteria and thresholds, in consultation with stakeholders.'

--- ISO 31000:2018, Section 6.3


PMBOK Guide, 6th Edition, Section 11.1

ISO 31000:2018, Section 6.3

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Felice
1 day ago
I think the risk manager should probably align with stakeholders on the risk threshold, but I'm not entirely sure if that's the best first step.
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