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PMI-RMP Exam - Topic 9 Question 73 Discussion

A new risk manager has been assigned to a delayed strategic project. The risk manager presented a new plan to get the project back on track using lessons learned and applying risk response strategies. Senior management wants to remove contingency reserves because they want to finish the project earlier.What should the risk manager do in this scenario?
A) Review project schedule estimates.
B) Change the response strategies.
C) Reduce the contingency reserves.
D) Conduct a risk planning workshop.

PMI-RMP Exam - Topic 9 Question 73 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 73
Topic #: 9
[All PMI-RMP Questions]

A new risk manager has been assigned to a delayed strategic project. The risk manager presented a new plan to get the project back on track using lessons learned and applying risk response strategies. Senior management wants to remove contingency reserves because they want to finish the project earlier.

What should the risk manager do in this scenario?

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Suggested Answer: A

by Tresa at Mar 19, 2024, 04:31 AM

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Micaela
10 months ago
Reducing reserves could backfire, not a good idea!
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Reena
10 months ago
Changing response strategies might be necessary too.
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Markus
10 months ago
Wait, removing contingency reserves? That sounds risky!
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Georgiann
10 months ago
Totally agree, they need to assess the timeline first!
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Lenna
11 months ago
I think reviewing the project schedule estimates is crucial.
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Marshall
11 months ago
Conducting a risk planning workshop could be beneficial, but I feel like senior management might not be open to that right now.
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Kaitlyn
11 months ago
Changing the response strategies sounds like a viable option, but I wonder if that would really address the core issue of the delays.
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Karina
11 months ago
I'm not entirely sure, but I think reviewing the project schedule estimates might help clarify the impact of removing those reserves.
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Belen
11 months ago
I remember we discussed the importance of contingency reserves in our last class. Removing them could really increase the project's risk.
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Corrinne
11 months ago
I'm a bit confused by this scenario. I'll need to re-read the question and think through the potential impacts of each option before deciding.
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Marva
11 months ago
Reducing the contingency reserves seems risky, especially since the project is already delayed. I'd lean towards reviewing the schedule estimates and exploring alternative response strategies.
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Latonia
11 months ago
This seems like a tricky situation. I'll need to carefully review the project schedule and risk response strategies to determine the best course of action.
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Broderick
11 months ago
Conducting a risk planning workshop could be a good idea to get everyone on the same page and explore options. I'll need to think through the pros and cons of each approach.
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Devon
12 months ago
Okay, I think I've got this. The question is asking about the different ways to access the visitor's real IP address when using Alibaba Cloud CDN. Based on the options, it seems like the answer is either B or D, where the IP address is stored in the headers or the CDN logs.
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Bambi
12 months ago
Based on my understanding, the default behavior is not automatic updating, so option A is not correct. I think the best approach is to create a profile with the automatic update setting enabled, as described in option D.
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Ariel
12 months ago
Hmm, I'm not totally sure about this. I'll have to think it through carefully to decide if the statement is true or false.
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Willard
12 months ago
I thought brand atomization was more about marketing strategies, so that can't be right. I lean towards prototyping too, but I'm still a bit confused!
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Roy
1 year ago
I'd love to see the risk manager do a risk planning workshop while wearing a superhero cape. That would really get the team excited about tackling the challenges!
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Tommy
1 year ago
Changing the response strategies might be a good idea, but the risk manager should also review the project schedule to ensure the plan is realistic.
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Jeannine
1 year ago
A risk planning workshop sounds like the best approach to get the project back on track. The risk manager should work with the team to identify and mitigate the risks.
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Gail
1 year ago
D: Change the response strategies.
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Ryan
1 year ago
C: Reduce the contingency reserves.
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Edwin
1 year ago
B: Review project schedule estimates.
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Lyndia
1 year ago
A: Conduct a risk planning workshop.
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Graciela
1 year ago
Cutting contingency reserves? That's like trying to take the airbags out of a car to make it lighter. Not a good idea!
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Alexia
1 year ago
C: Reduce the contingency reserves.
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Eloisa
1 year ago
B: Conduct a risk planning workshop.
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Lilli
1 year ago
A: Review project schedule estimates.
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Moon
1 year ago
Reducing the contingency reserves is a risky move. The risk manager should review the project schedule estimates and apply appropriate risk response strategies instead.
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Alaine
1 year ago
D) Conduct a risk planning workshop.
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Art
1 year ago
C) Reduce the contingency reserves.
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Julian
1 year ago
B) Change the response strategies.
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Arleen
1 year ago
A) Review project schedule estimates.
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Domitila
1 year ago
Reducing contingency reserves could be risky. It's better to conduct a risk planning workshop.
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Lili
1 year ago
I agree with Evan. Changing response strategies might not be enough.
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Evan
1 year ago
I think the risk manager should review project schedule estimates.
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