Project Management Professional (PMP) — Question 780

A project manager has access to risk management tools but chooses to use a quantitative method to evaluate the project risks. During project execution, the project sponsor asks for an updated risk matrix.

What should the project manager do next?

Answer options

• A. Use integrated risk management software to evaluate the risks.
• B. Trust in the quantitative method already chosen as it is a precise method.
• C. Add new risks and send the risk matrix to leadership for approval.
• D. Use their own professional knowledge to reassess the risks.

Correct answer: A

Explanation

The correct answer is A because using integrated risk management software provides a systematic and comprehensive way to evaluate risks, ensuring all factors are considered. Option B is incorrect as it disregards the need for updating the risk assessment. Option C assumes that new risks should be added without proper evaluation, and option D relies solely on personal experience, which may not encompass all project risks.