PMI Exam PgMP Topic 2 Question 74 Discussion

Actual exam question for PMI's PgMP exam

Question #: 74
Topic #: 2

A biometrics firm has a facial recognition program with multiple components and project managers. The

project manager from the mobile device division escalates a vendor-related risk to the program manager. After assessing the risk, the program manager determines that this risk may impact other projects within the program. However, this risk has a low degree of impact and probability of occurring.

What should the program manager do first?

AObtain a risk reserve from the executive sponsor, and execute a contingency plan.

BCommunicate the risk to all project managers to manage at the component level.

CAdd the risk details and analysis to the program risk register.

DBrainstorm with the project manager to develop an appropriate risk response.

Show Suggested Answer

Suggested Answer: C

by Dalene at Apr 13, 2024, 10:36 PM

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Margarita

6 months ago

Adding the risk details to the program risk register would also help in tracking and monitoring the risk.

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Golda

7 months ago

I agree, spreading awareness about the risk is important for effective risk management.

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Tamera

7 months ago

I think the program manager should communicate the risk to all project managers to manage at the component level.

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Alease

7 months ago

It will help in coordinating efforts to address the risk efficiently.

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Sina

7 months ago

Yes, it's important for all project managers to be aware of potential risks.

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Tandra

7 months ago

I agree with you. Communication is key in managing risks.

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Levi

8 months ago

Come on, let's be serious here. This is a certification exam, not a game of chance. I think option C is the way to go - adding the risk details to the program risk register is the responsible thing to do.

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Francene

8 months ago

Haha, can you imagine the program manager just randomly asking the executive sponsor for a risk reserve? 'Excuse me, sir, I need some extra cash just in case a thing might happen.' That's not how it works!

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Rickie

8 months ago

Yeah, I was thinking the same thing. That way, everyone is aware of the risk and can take appropriate action. But I also think adding the risk details to the program risk register is important for documentation and tracking purposes.

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Frederica

8 months ago

Haha, that's a good point. Maybe the program manager could throw a coin to decide the next step - heads, they go with option A, tails, option B. That's a risk management strategy, right?

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Leontine

8 months ago

I agree, that seems like overkill. I think communicating the risk to all the project managers is a good first step, so they can manage it at the component level.

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Clay

8 months ago

I disagree. Even if the risk has a low impact, it could still have widespread consequences across the program. I think option B is the best choice - communicating the risk to all project managers so they can manage it at the component level.

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Verdell

8 months ago

Hmm, this is a tricky one. The risk has a low degree of impact and probability, but it could still affect other projects within the program. I'm not sure if getting a risk reserve is the best approach here.

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Winfred

8 months ago

Hmm, I'm not sure. This risk seems to have a low degree of impact and probability, so I'm not convinced that any of the options are entirely appropriate. Maybe the program manager should just keep an eye on it for now?

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Xochitl

8 months ago

I agree. This question is assessing our ability to apply risk management principles in a real-world scenario. It's important to be able to make the right decision based on the given information.

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Richelle

7 months ago

Obtaining a risk reserve from the executive sponsor and executing a contingency plan is important to have resources ready in case the risk occurs.

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Laurel

7 months ago

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German

7 months ago

Brainstorming with the project manager to develop an appropriate risk response is essential to come up with effective mitigation strategies.

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Marylou

8 months ago

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Melita

8 months ago

Communicating the risk to all project managers to manage at the component level ensures that everyone is informed and can take necessary actions.

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Truman

8 months ago

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Tom

8 months ago

Great choice! Adding the risk details and analysis to the program risk register is a crucial step in managing risks.

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Leonora

8 months ago

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Ronald

8 months ago

This question is testing our understanding of risk management at the program level. I think it's a fair question, as program managers need to know how to prioritize and respond to risks that may impact multiple projects.

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