PMI Risk Management Professional (PMI-RMP) — Question 27

A risk manager is assigned to a short-term telecommunications upgrade project. This project is not technically complex, but has rigorous implementation timelines, and very little cost reserve available to address potential problems. The project manager indicates that completing the project on time is critical, but should not be done at the expense of performance.
Which aspect of risk impact is most important when designing the risk impact scale?

Answer options

Correct answer: A

Explanation

The correct answer is A, as the project manager has emphasized that performance must not be compromised for the sake of completing the project on time. While cost, technical requirements, and schedule are important, the priority in this scenario is to ensure that the project's performance standards are met without sacrificing quality.