PMI CAPM (Certified Associate in Project Management) Examination Content OutlinePredictive, Plan-Based MethodologiesMedium
A project manager is conducting a weekly status meeting. During the meeting, a team member expresses concern about a new regulation that could potentially delay the project's final deliverable. The project manager records this concern and assigns an action item to a team member to research the regulation's impact. Which project management process is the project manager primarily performing?
- AIdentify Risks
- BPerform Integrated Change Control
- CManage Communications
- DMonitor Risks
Show answer & explanationAnswer & explanation
Correct answer: D. Monitor Risks
Monitoring Risks is the process of tracking identified risks, identifying new risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project. The project manager is tracking a newly identified risk and assigning research for its impact.
Why the other options are wrong
- A. Identify Risks is the initial process of finding and documenting risks, which happens earlier in the project. Here, a new risk is being tracked.
- B. Perform Integrated Change Control is for managing approved changes, not for the initial tracking and assessment of new risks.
- C. Manage Communications focuses on distributing information, not specifically on tracking risks.
Monitor Risks
The process of tracking identified risks, identifying new risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project.
- Continuous process throughout the project life cycle.
- Involves tracking existing risks and finding new ones.
- Evaluates the effectiveness of risk responses.
Memory trick: Monitor Risks: Always Watching, Never Sleeping.