PMI Risk Management Professional (PMI-RMP) — Question 29

A project manager is creating a risk management plan. The project sponsor does not see the need for additional risk management, believing that the only risks to the project are financial risks.
What procedure could the project manager use to identify other potential topics such as technical, quality, performance, project management, internal and external risks?

Answer options

• A. Review enterprise environmental factors.
• B. Perform Monte Carlo analysis and Delphi technique.
• C. Perform decision tree analysis and create an Ishikawa diagram.
• D. Use existing prompt lists and risk breakdown structure.

Correct answer: D

Explanation

The correct answer is D because using existing prompt lists and a risk breakdown structure helps in systematically identifying various types of risks beyond just financial ones. Options A, B, and C focus on specific analysis techniques or factors that may not comprehensively cover all potential risks relevant to the project.