PfMP Exam Dumps | You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs

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Question 83/117

You are managing a complex portfolio with high risk levels due to emerging technological breakthroughs and a short benefit window to market your product. You know that managing risk is key to success and you are coaching your team on the same. Risk Categories, criteria and probability and impact are updated as a result of Developing the Risk Management Plan. These updates are recorded in which of the following?

A. Portfolio Management Plan updates

B. Portfolio Process Assets updates

C. Organizational Process Assets updates

D. Portfolio Reports

Correct Answer: A

Explanation
The Risk Management Plan contains the Methodology, Roles and Responsibilities, Risk Measures, Frequency and Risk Categories. Updates to Risk Categories are also included in this plan; updates to Risk criteria and probability and impact are also included as part of the Risk Measures update

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