PMI Exam PMI-RMP Topic 4 Question 74 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 74
Topic #: 4

Todd is the project manager of the EST project for his company. His organization has established certain rules in the enterprise environmental factors which affect the approach that Todd takes in managing his project. One of the rules requires Todd to consider the risk attitude of the stakeholders participating in risk analysis. Why must risk attitude be considered as a part of risk analysis?

ARisk attitude can affect the measurement of probability and impact.

BRisk attitude can establish a stakeholder's influence over project decisions.

CRisk attitude identifies stakeholders that are hygiene seekers or motivation seekers.

DRisk attitude establishes stakeholders as positive or negative stakeholders.

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Suggested Answer: A

by Jamal at Apr 09, 2024, 06:18 AM

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Anna

6 months ago

Considering risk attitudes can also help in managing stakeholders' expectations and ensuring they are on board with risk responses.

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Patria

6 months ago

That's a good point too, stakeholders with different risk attitudes may have varying levels of influence in decision-making.

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Johnetta

7 months ago

B) Risk attitude can establish a stakeholder's influence over project decisions.

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Carman

7 months ago

I agree, understanding stakeholders' risk attitudes can help in making more accurate risk assessments.

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Anna

7 months ago

That makes sense, if stakeholders have different risk attitudes, it could impact how they perceive the probability and impact of risks.

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Patria

7 months ago

A) Risk attitude can affect the measurement of probability and impact.

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Anglea

8 months ago

Agreed, option C is a bit of a head-scratcher. I think it's trying to get at something about stakeholder classification, but it's not very clear.

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Malcolm

8 months ago

Hmm, I'm not so sure. Option B seems like it could be just as valid. Stakeholder influence is a big factor in project decisions, and their risk appetite is a key part of that equation.

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Isabelle

8 months ago

I think option A is the way to go here. Risk attitude can definitely skew our perception of probability and impact. You know what they say, 'one person's risk is another's opportunity'!

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Elliott

8 months ago

Haha, I'm not too sure about option C. 'Hygiene seekers' and 'motivation seekers'? That sounds a bit too HR-ish for a project management exam question.

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Carin

8 months ago

Absolutely, I agree. If we don't consider the stakeholders' risk attitudes, we could end up making decisions that completely miss the mark. It's like trying to navigate a storm without knowing which way the wind is blowing.

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Nana

7 months ago

B) Risk attitude can establish a stakeholder's influence over project decisions.

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Ricarda

7 months ago

That's true. It's important to understand how stakeholders perceive risks.

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Melynda

7 months ago

A) Risk attitude can affect the measurement of probability and impact.

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Vallie

8 months ago

Option B also makes sense to me. The stakeholders' risk attitude could influence the level of involvement they have in project decision-making related to risks.

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Alona

8 months ago

Wow, this question really hits the nail on the head! Risk attitude is crucial in risk analysis, as it can drastically impact how we interpret and respond to potential project risks.

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Alba

8 months ago

B) Risk attitude can establish a stakeholder's influence over project decisions.

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Kris

8 months ago

A) Risk attitude can affect the measurement of probability and impact.

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Colby

8 months ago

Yeah, I was leaning towards option A as well. Stakeholders with a high-risk appetite might perceive risks differently than those who are more risk-averse.

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Rodrigo

8 months ago

I agree, the risk attitude of stakeholders is crucial. It can definitely affect how we measure the probability and impact of risks, which is what option A is getting at.

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Margarett

8 months ago

Hmm, this question is definitely testing our understanding of risk management principles. I think the key here is recognizing how stakeholder risk attitude can impact the overall risk analysis process.

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