Project Management Professional (PMP) — Question 36

A project manager is leading an innovation project that is facing a lot of risks due to a high level of uncertainty. What strategy should the project manager use to manage these risks using an agile approach?

Answer options

• A. Develop an agile risk matrix to track, assess, and evaluate the uncertainty of the project.
• B. Implement a scrum risk retrospective to analyze the risks at the end of the project.
• C. Assign an agile risk manager to better understand and track the project risks.
• D. Evaluate the risks constantly and reprioritize work as the project progresses.

Correct answer: D

Explanation

The correct answer, D, emphasizes the agile principle of adaptability by constantly evaluating risks and adjusting priorities, which is essential in a high-uncertainty environment. Options A and C suggest tools or roles that may help but do not inherently embody the iterative nature of agile risk management. Option B focuses on analyzing risks only at the end of the project, which may be too late to effectively mitigate them.