PMI Risk Management Professional (PMI-RMP) — Question 149
After starting a new pipeline project, a risk manager schedules an initial meeting with the project sponsor. For the meeting, the project sponsor requests a presentation of the risks that have the most impact on achieving the project objectives.
What should the risk manager do to facilitate the sponsor’s ask?
Answer options
- A. Quantitative risk analysis
- B. Sensitivity analysis
- C. Qualitative risk analysis
- D. Monte Carlo analysis
Correct answer: B
Explanation
The correct answer is B, as sensitivity analysis helps identify which risks have the most significant effect on project objectives. A and C are not as effective for this purpose since quantitative and qualitative analyses provide broader risk assessments rather than focusing on the most impactful risks. D, Monte Carlo analysis, is more complex and is used for detailed risk modeling rather than initial presentations.