PMI Risk Management Professional (PMI-RMP) — Question 69

A project manager wants to work on understanding the project risks. The project manager works with the integrated project team to develop the risk handling strategies for the identified risks.

How should the project manager work with these risk handling strategies?

Answer options

• A. Review and revise the strategies periodically.
• B. Implement the strategies immediately.
• C. Implement the strategies after completing the risk analysis.
• D. Ensure the strategies are approved by the stakeholders.

Correct answer: A

Explanation

The correct approach is to review and revise the strategies periodically to adapt to any changes in the project environment or new risks that may arise. Implementing strategies immediately or only after risk analysis can lead to overlooking necessary adjustments, while ensuring stakeholder approval is important but does not replace the need for continuous evaluation.