Free PMI Project Management Professional (PMP) Practice Question

During a qualitative risk analysis meeting, the project manager organizes a risk workshop with key project stakeholders. What is the PRIMARY purpose of conducting a risk workshop?

  • To transfer ownership of project risks to the stakeholders attending the workshop

  • To assign budget allocations to each identified risk based on cost impact

  • To develop an initial understanding of each identified risk's probability, impact, and determine appropriate prioritization for further analysis or action

  • To create a detailed project schedule including all identified risks and their corresponding response actions

This question's topic:
PMI Project Management Professional (PMP) / 
Process
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