Discuss PMI PMI-RMP Exam Topic 9 Question 116

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?

AAgree with the external supplier on the timeline.

BRegister the risk with a medium impact.

CAlign with stakeholders on the risk threshold.

DEngage another supplier with shorter delivery times.

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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27 comments · newest first

Jolene 1 day ago

I think option C is best. Aligning with stakeholders is crucial.

Shad 6 days ago

B is too passive. Medium impact doesn’t address urgency.

Nenita 11 days ago

True, but we need to minimize risks. A backup plan is essential.

Kristel 17 days ago

But what if the new supplier has issues too?

Shad 22 days ago

D seems smart. Engaging another supplier could prevent delays.

Nenita 27 days ago

I lean towards A. Agreeing on a timeline can help manage expectations.

Kristel 1 month ago

I think option C is best. Aligning with stakeholders is crucial.

Margot 1 month ago

True, but better safe than sorry. We need to minimize impact!

Dominga 1 month ago

Engaging another supplier could complicate things. D might backfire.

Kendra 2 months ago

Registering the risk is important too. B is a solid option.

Tabetha 2 months ago

A timeline agreement might not help if they can't deliver.

Sue 2 months ago

Agree, but what if the delay is significant? D could be safer.

Margot 2 months ago

I think aligning with stakeholders is crucial. C seems best.

Rocco 2 months ago

Totally agree, timeline discussions are key!

Bette 2 months ago

Wait, how can we know if the delay is significant?

Veronica 3 months ago

I think registering the risk is a must.

Harris 3 months ago

Engaging another supplier sounds risky too!

Glenn 3 months ago

Definitely should align with stakeholders first.

Vallie 3 months ago

Totally agree, timeline discussions with the supplier are crucial!

Lyndia 3 months ago

Wait, how can we be sure the delay will be significant?

Chara 3 months ago

Registering the risk seems like the safest bet.

Precious 4 months ago

Engaging another supplier could be a smart move!

Agustin 4 months ago

Definitely need to align with stakeholders on the risk threshold.

Juliann 4 months ago

Agreeing on a timeline with the supplier seems like it could help, but what if they still can’t meet it? I’m not confident that’s the best approach.

Corrinne 4 months ago

I’m leaning towards registering the risk with a medium impact, but I wonder if that’s enough without discussing it with the stakeholders first.

Carin 4 months ago

I remember a practice question where we had to assess supplier risks, and I feel like engaging another supplier could be a valid option if the delay is significant.

Felice 6 months 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.

PMI-RMP Exam - Topic 9 Question 116 Discussion