Crucial Exams

Project Management Professional Practice Question

Your team is planning a compliance-software rollout. Because the project manager has limited experience with regulatory work, she arranges a workshop to perform qualitative risk analysis. What action would best fulfill the primary purpose of using Expert Judgment in this situation?

  • Run a Monte Carlo simulation to quantify overall project risk exposure before the workshop begins.

  • Ask the PMO to prepare the risk management plan independently, reducing the need for further team involvement.

  • Invite seasoned compliance auditors to share insights on potential risks and mitigation strategies during the workshop.

  • Contract an external firm to assume complete responsibility for risk management so the team can focus on scheduling.

Project Management Professional
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