2025 PMP Risk Management Explained:
Key Concepts, Real-World Examples
and Exam Prep
[Document subtitle]
, 2025 PMP Chapter 11 Risk Management
Explained: Key Concepts, Real-World Examples,
and Exam Prep
1. You've just received a change request. This means:
A. The project charter is complete, but the work cannot begin yet because you need to
make a change to the scope baseline
B. You are in the Direct and Manage Execution process, and you can implement the
change now
C. The change needs to be approved before it can be implemented
D. There is a defect in a deliverable that must be repaired - - correct ans- -1. Answer: C
This is really a question about inputs and outputs. There's only one process that takes
"requested changes" as an input, and that's Integrated Change Control. That's where
your changes get approved. The other answers all refer to other processes: A is about
building a baseline (which is part of Develop Project Management Plan), while B and D
are both about Direct and Manage Execution.
2. Which of these is not an input to Develop Project Charter?
A. Enterprise environmental factors
B. Project Management Plan
C. Contract
D. Project statement of work - - correct ans- -2. Answer: B
The project management plan is created in the Develop Project Plan process, which
happens after Develop Project Charter. Develop Project Charter is the very first process
on any project, and the inputs in answers A, C, and D exist before the project started.
The Project Management Plan is created during the project.
3. What is the output of Direct and Manage Execution?
A. Approved change requests
1
, B. Project management processes
C. Deliverables
D. Forecasts - - correct ans- -3. Answer: C
The whole reason for the Direct and Manage Execution process is to actually do the
project work, and the deliverables are the products or services that are created by the
project. Don't get fooled by answer D—even though the work is performed in "Direct and
Manage Execution," the information about how that work is performed is turned into
forecasts in "Monitor and Control Project Work."
4. You're managing a graphic design project. One of your team members reports that
there is a serious problem, and you realize that it will cause a delay that could harm the
business of the stakeholders. Even worse, it will take another two days for you to fully
assess the impact—until then, you won't have the whole story. What is the BEST way to
handle this situation?
A. Create a change request document and submit it to the change control meeting
B. Pull out the project charter and show them that you have authority to make decisions
C. Meet with the stakeholders and tell them that there's a problem, but you need two
more days to get them the information they need
D. Update the lessons learned and add it to your organizational process assets - -
correct ans- -4. Answer: C
When you get a question about communication, look for the answer that provides the
most complete, honest, and up-front information, even if that information won't
necessarily solve the problem or make everyone happy.
5. You're a project manager on a construction project. The electrician has started laying
out the wiring, when the client comes to you with a change request. He needs additional
outlets, and you think that will increase the cost of the electrical work. What is the first
thing you do?
A. Refuse to make the change because it will increase the cost of the project and blow
your budget
C. Consult the contract to see if there is a clause
D. Make the change, since the client requested it -
2
Key Concepts, Real-World Examples
and Exam Prep
[Document subtitle]
, 2025 PMP Chapter 11 Risk Management
Explained: Key Concepts, Real-World Examples,
and Exam Prep
1. You've just received a change request. This means:
A. The project charter is complete, but the work cannot begin yet because you need to
make a change to the scope baseline
B. You are in the Direct and Manage Execution process, and you can implement the
change now
C. The change needs to be approved before it can be implemented
D. There is a defect in a deliverable that must be repaired - - correct ans- -1. Answer: C
This is really a question about inputs and outputs. There's only one process that takes
"requested changes" as an input, and that's Integrated Change Control. That's where
your changes get approved. The other answers all refer to other processes: A is about
building a baseline (which is part of Develop Project Management Plan), while B and D
are both about Direct and Manage Execution.
2. Which of these is not an input to Develop Project Charter?
A. Enterprise environmental factors
B. Project Management Plan
C. Contract
D. Project statement of work - - correct ans- -2. Answer: B
The project management plan is created in the Develop Project Plan process, which
happens after Develop Project Charter. Develop Project Charter is the very first process
on any project, and the inputs in answers A, C, and D exist before the project started.
The Project Management Plan is created during the project.
3. What is the output of Direct and Manage Execution?
A. Approved change requests
1
, B. Project management processes
C. Deliverables
D. Forecasts - - correct ans- -3. Answer: C
The whole reason for the Direct and Manage Execution process is to actually do the
project work, and the deliverables are the products or services that are created by the
project. Don't get fooled by answer D—even though the work is performed in "Direct and
Manage Execution," the information about how that work is performed is turned into
forecasts in "Monitor and Control Project Work."
4. You're managing a graphic design project. One of your team members reports that
there is a serious problem, and you realize that it will cause a delay that could harm the
business of the stakeholders. Even worse, it will take another two days for you to fully
assess the impact—until then, you won't have the whole story. What is the BEST way to
handle this situation?
A. Create a change request document and submit it to the change control meeting
B. Pull out the project charter and show them that you have authority to make decisions
C. Meet with the stakeholders and tell them that there's a problem, but you need two
more days to get them the information they need
D. Update the lessons learned and add it to your organizational process assets - -
correct ans- -4. Answer: C
When you get a question about communication, look for the answer that provides the
most complete, honest, and up-front information, even if that information won't
necessarily solve the problem or make everyone happy.
5. You're a project manager on a construction project. The electrician has started laying
out the wiring, when the client comes to you with a change request. He needs additional
outlets, and you think that will increase the cost of the electrical work. What is the first
thing you do?
A. Refuse to make the change because it will increase the cost of the project and blow
your budget
C. Consult the contract to see if there is a clause
D. Make the change, since the client requested it -
2
