Portfolio Management Professional (PfMP) — Question 2

You have found that one of the vendors had a low reputation, and you are worried that they would provide low-quality service for your portfolio. What should you do next?

Answer options

• A. Disapprove the project using this vendor
• B. Record this in the risk register
• C. Update the risk management plan
• D. Communicate the risk to stakeholders

Correct answer: B

Explanation

The correct answer is B because documenting the low reputation of the vendor in the risk register is essential for tracking potential risks. Disapproving the project or communicating the risk to stakeholders may be necessary later, but the immediate step is to ensure the risk is formally recorded. Updating the risk management plan can be considered after assessing the documented risks.