PMI Exam PMI-RMP Topic 10 Question 69 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 69
Topic #: 10

A project baseline included a budget of USS900 million and a 12-month schedule. Three months into the project a risk manager collected performance data on the project expenditure showing an actual cumulative lost.

What should the risk manager use to ascertain the cost performance risk?

APolitical, economic social, technological legal and environmental (PESTLE) analysis

BSentiment analysis

CVariance analysis

DCluster analysis

Show Suggested Answer

Suggested Answer: A

by Solange at Dec 22, 2023, 12:44 AM

Limited Time Offer

25%

Off

Get Premium PMI-RMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Yuette

1 months ago

Sentiment analysis? That's like using a crystal ball to predict the weather. Variance analysis is the way to go, folks. It's the Swiss Army knife of project management tools.

upvoted 0 times

Howard

11 days ago

So true, it's like a crystal ball that shows you where the risks are lurking.

upvoted 0 times

...

Bong

14 days ago

I agree, it's like having a magic wand to see where things are going off track.

upvoted 0 times

...

Jonell

17 days ago

Variance analysis is definitely the way to go. It gives a clear picture of cost performance.

upvoted 0 times

...

Derick

2 months ago

Cluster analysis? What is this, a high school science fair project? Variance analysis is the only way to get a clear picture of the cost performance risk. Anything else is just a distraction.

upvoted 0 times

Andree

2 days ago

I agree, variance analysis is the most effective method to ascertain cost performance risk.

upvoted 0 times

...

Rebecka

4 days ago

Cluster analysis might not be the best approach for this situation. Variance analysis is more reliable.

upvoted 0 times

...

Suzan

6 days ago

Variance analysis is definitely the way to go. It gives a clear picture of cost performance risk.

upvoted 0 times

...

Maybelle

2 months ago

I'm not sure, but I think PESTLE analysis could also be useful in assessing the cost performance risk.

upvoted 0 times

...

Dierdre

2 months ago

I agree with Tarra, variance analysis would provide insights into the project's cost performance.

upvoted 0 times

...

Verona

3 months ago

PESTLE analysis? Really? That's like trying to fix a leaky faucet with a sledgehammer. Variance analysis is the way to go, no doubt about it.

upvoted 0 times

Von

1 months ago

Variance analysis is the way to go, no doubt about it.

upvoted 0 times

...

Jessenia

1 months ago

PESTLE analysis? Really? That's like trying to fix a leaky faucet with a sledgehammer.

upvoted 0 times

...

Ronnie

1 months ago

Variance analysis is the way to go, no doubt about it.

upvoted 0 times

...

Polly

1 months ago

PESTLE analysis? Really? That's like trying to fix a leaky faucet with a sledgehammer.

upvoted 0 times

...

Tarra

3 months ago

I think the risk manager should use variance analysis to ascertain the cost performance risk.

upvoted 0 times

...

France

3 months ago

I'm not sure, but I think PESTLE analysis could also be useful in understanding the external factors affecting cost performance.

upvoted 0 times

...

Jerrod

3 months ago

Ah, variance analysis - the trusty tool to uncover the cost performance risk. Gotta love how it cuts through the data like a hot knife through butter!

upvoted 0 times

...

Ciara

3 months ago

I agree with Novella, variance analysis would be the best option to analyze the cost performance risk.

upvoted 0 times

...

Novella

3 months ago

I think the risk manager should use variance analysis to ascertain the cost performance risk.

upvoted 0 times

...