PMI Risk Management Professional (PMI-RMP) — Question 119

How can the project manager rank competing stakeholder priorities for all the identified risks?

Answer options

• A. Perform qualitative and quantitative risk analysis.
• B. Engage the project sponsor to decide.
• C. Refer to stakeholder analysis prioritization tree.
• D. Perform a review of organizational process assets.

Correct answer: A

Explanation

The correct answer is A because performing qualitative and quantitative risk analysis allows the project manager to assess and prioritize risks based on their potential impact and probability. Options B, C, and D do not provide a systematic approach for ranking risks based on stakeholder priorities, making them less effective for this purpose.