Home Forums PMP Questions and Answers Discussion PMP Question 596

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  • #28251
    admin
    Keymaster

    What will be the approach to develop the requirement that is of High Value and Low Risk?

    A. Do First
    B. Do Second
    C. Do Later
    D. Do it when you want to engage stakeholders

    #28254
    admin
    Keymaster

    Correct answer is B
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    As per Risk-Value Quadrant (Prioritization Scheme)
    Do First – High Value and High Risk
    Do Second – High Value and Low Risk
    Do Third – Low Value and Low Risk
    Avoid – Low Value and High Risk

    Main point is high risk items need to be get off as early as possible because they can derail the whole project. If it is of low value we can ignore it. But if it is of high value then it should be done first so that if we fail then atleast we fail early to save time and effort.

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    • This reply was modified 12 months ago by admin.
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