risk priority number
Submitted by vijayavadrevu on Mon, 05/06/2013 - 14:55
A project manager is in the process of evaluating and prioritizing risks on the project by calculating the Risk Priority Number (RPN) for the risks. A Risk priority number will consider which of the following factors?
A)Probability, Impact, and Timeframe
B)
C) Probability, Impact, and Cost
D)Probability, Impact, and Schedule
Forums:
Vishwanath
Mon, 05/06/2013 - 14:58
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c is the answer
C is the correct answer
crushPMP
Mon, 05/06/2013 - 15:00
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Weird question - Am split
Weird question - Am split between Cost and Schedule, but I'll go with Option C.
vijayavadrevu
Mon, 05/06/2013 - 15:45
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Hi,I too have answered as C.
Hi,
I too have answered as C. But the answer is given as A
Jgrind07
Mon, 05/06/2013 - 21:20
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What is the source of your
What is the source of your question, Vijaya?
Thanks
Jai
vijayavadrevu
Tue, 05/07/2013 - 09:06
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It's one of the questions
It's one of the questions from Simplilearn question bank
Regards
Vijaya
sspawar
Tue, 05/07/2013 - 10:53
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LIKE all courseware,
LIKE all courseware, simplilearn also have some question nonrlelevant to pmbok.
and in actual from reliable resources
What is RPN?
See here (ref: http://www.ombuenterprises.com/LibraryPDFs/Understanding_Risk_Priority_Numbers.pdf )
bkthakkar
Tue, 05/07/2013 - 11:49
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Thanks a lot for clarifying
Thanks a lot for clarifying the RPN
Bhavesh
vijayavadrevu
Tue, 05/07/2013 - 12:27
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Thank You Sir
Thank You Sir
SumathiCH
Tue, 03/03/2015 - 19:09
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A is the correct answer.
Risk analysis is done based on Probability x Impact on project objectives. Also timeframe is important for prioritisation. For example, I would rather like to concentrate on a risk that might occur next week rather than one that might occur after six months. So answer A is correct IMHO.
yolo
Wed, 04/10/2019 - 03:31
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