PMI-RMP Certification Training - Case Study - 1

Rick, a new project manager, joins a project running for two years. He prepares for a review meeting and discovers that previous managers did not maintain a risk register. Rick decides to implement formal risk management processes to ensure future project success.

What is Rick's initial action as a new project manager?

• He calls for a project review meeting with key stakeholders.

• He decides to hire more team members.

• He immediately changes the project goals.

• He starts a new project from scratch.

What surprising fact does Rick discover about the project?

• The project is over budget.

• The project has no risk register.

• The project has too many team members.

• The project is ahead of schedule.

What should Rick do as a best practice for managing the project?

• Ignore the lack of a risk register.

• Continue without any changes.

• Implement formal risk management processes.

• Focus only on current project tasks.

Why is it important for Rick to implement risk management processes?

• To increase the project's budget.

• To prevent future issues even if everything has been fine so far.

• To ensure the project is completed faster.

• To reduce the number of team meetings.

What is the potential risk of not having a risk register?

• The project may have too many team members.

• The project may face unforeseen challenges.

• The project may finish too early.

• The project may become too expensive.