Project Management Professional (PMP) — Question 1364

The CEO has authorized the development of a complex financial product for a company to provide greater future benefits. The budget has been acquired through financing with global investors who expect all risks to be identified as soon as possible.
What should the project manager use to identify the risks?

Answer options

• A. An analysis of shared risks between parties
• B. Strengths, weaknesses, opportunities, and threats (SWOT) analysis
• C. Expert judgment
• D. A risk value assessment

Correct answer: C

Explanation

The correct answer is C, Expert judgment, as it leverages the insights of experienced individuals to identify potential risks effectively. Options A, B, and D, while useful in various contexts, do not provide the targeted approach that expert judgment offers for early risk identification in complex projects.