TOPIC: Free PMP® Exam Sample Question of the Week

Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.

You are establishing the relative priorities of individual project risks that have been identified earlier in the project. Which of the following tasks are you least likely to perform?

A. Review the assumption log
B. Examine the risk register
C. Research the stakeholder register
D. Create the risk report

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HINT: Which activity is not performed as part of the Perform Qualitative Risk Analysis process?

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Answer and Explanation:
The correct answer is D.

Perform Qualitative Risk Analysis is the process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics. Thus, the question suggests that the Perform Qualitative Risk Analysis process is being performed in this scenario. The assumption log, risk register, and stakeholder register are all project documents which may serve as inputs into the Perform Qualitative Risk Analysis process. Note, the question is asking for the 'least' likely activity to be performed in support of this process. The risk report is a project document that provides information on sources of overall project risk as well as the summary information on individual project risks and is created as part of the Identify Risks process, not the Perform Qualitative Risk Analysis process, making the risk report the best answer to the question asked.

Details for each option:

A. Review the assumption log
Incorrect. The assumption log is one of the inputs associated with the Perform Qualitative Risk Analysis process described in the scenario. The assumption log is used for identifying, managing, and monitoring key assumptions and constraints that may affect the project. These may inform the assessment of the priority of individual project risks.

B. Examine the risk register
Incorrect. The risk register serves as an input into the Perform Qualitative Risk Analysis process. The risk register contains details of each identified individual project risk that will be assessed during that process.

C. Research the stakeholder register
Incorrect. The stakeholder register is an input to the Perform Qualitative Risk Analysis process. The stakeholder register includes details of project stakeholders who may be nominated as risk owners.

D. Create the risk report
Correct. The risk report is a project document that provides information on sources of overall project risk as well as the summary information on individual project risks. The risk report is created as an output from the Identify Risks process while the scenario describes the Perform Qualitative Risk Analysis process.

Reference: A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, Project Management Institute Inc., 2017, Page(s) 418, 421