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| Section | Objectives |
|---|---|
| Risk Analysis | - Quantitative Risk Analysis - Qualitative Risk Analysis |
| Risk Monitoring and Control | - Risk Audits and Reviews - Risk Reporting and Communication |
| Risk Strategy and Planning | - Risk Management Planning - Stakeholder Engagement in Risk |
| Risk Response Planning | - Opportunity Response Strategies - Threat Response Strategies |
| Risk Identification | - Overall Project Risk Identification - Identifying Individual Risks |
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185. Frage
A project manager is working on a construction project. Based on past experience, the project manager identifies a risk that a supplier of a critical material may not deliver on time. The project manager has already accounted for this risk in the risk management plan. If this risk materializes, the project manager plans to procure the material from a different supplier. A potential risk in this plan is that there may be differences in the material provided by the first and second supplier.
What type of risk is this?
Antwort: B
Begründung:
This is a secondary risk because it is a risk that arises as a direct result of implementing a risk response (in this case, procuring material from a different supplier).
A secondary risk is a risk that arises as a direct result of implementing a risk response to a specific risk. In this case, the risk response is to procure the material from a different supplier if the first supplier fails to deliver on time. The secondary risk is that there may be differences in the material provided by the first and second supplier, which could affect the quality, cost, or schedule of the project. A secondary risk is different from a residual risk, which is a risk that remains after a risk response has been implemented. A primary risk is the original risk that triggers a risk response. A normal risk is not a standard term in risk management, but it could refer to a risk that is expected or inherent in a project. Reference: PMI Risk Management Professional (PMI-RMP) Examination Content Outline and Specifications1, page 9; A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Sixth Edition, page 397; Secondary vs Residual Risk | Types of Risks on the PMP Exam.
186. Frage
You are working as a project manager in your organization. You are nearing the final stages of project execution and looking towards the final risk monitoring and controlling activities. For your project archives, which one of the following is an output of risk monitoring and control?
Antwort: B
187. Frage
As per the risk analysis process carried out for a project, two risks are registered. The probability risk A will occur is 40% and its monetary impact to the project is US$100,000. The probability risk B will occur is 60% and its monetary impact to the project is US$20,000.
What is the total contingency budget that should be created?
Antwort: A
Begründung:
In risk management, to calculate the contingency budget for risks, we use the Expected Monetary Value (EMV) formula: EMV=Probability of Risk×Impact of Risk\text{EMV} = \text{Probability of Risk} \times
\text{Impact of Risk}EMV=Probability of Risk×Impact of Risk
For Risk A:
* Probability: 40% or 0.40
* Impact: US$100,000\text{EMV of Risk A} = 0.40 \times 100,000 = US$40,000 For Risk B:
* Probability: 60% or 0.60
* Impact: US$20,000\text{EMV of Risk B} = 0.60 \times 20,000 = US$12,000 Total contingency budget = EMV of Risk A + EMV of Risk B40,000 + 12,000 = US$52,000 Thus, the total contingency budget required for both risks is US$52,000. This approach follows PMI's risk management guidelines, specifically under the "Quantitative Risk Analysis" process. This process focuses on determining numerical probabilities and monetary impacts to compute the expected financial impact of identified risks.
188. Frage
There are five outputs of the risk monitoring and controlling process. Which one of the following is NOT an output of the process?
Antwort: A
189. Frage
Members of a project team are not taking their risk management responsibilities seriously. They do not consider risk management as primary to the project's success and do not believe that the benefits are significant.
What should the risk manager do?
Antwort: D
Begründung:
Explanation
To address the lack of risk management buy-in from the project team, the risk manager should organize risk engagement activities, such as workshops. These activities can help create awareness of the importance of risk management and motivate the team to take their risk management responsibilities seriously.
190. Frage
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