PMI Risk Management Professional Practice Exam

If customer focus groups approve a product feature, what should the project manager do concerning the risk associated with it?

1. Delete the risk

2. Move the risk to a watch list

3. Retire the risk

4. Repurpose this response plan for similar risks

The correct answer is: Retire the risk

When customer focus groups approve a product feature, the project manager should consider retiring the risk associated with it. This action signifies that the approval indicates a positive reception and mitigates concerns around that particular feature's acceptance in the market. Retiring the risk means acknowledging that the threat it posed no longer exists given the validated feedback from focus groups. This transition from identified risk to a level of certainty about the feature's value in the project influences resource allocation, planning, and future risk assessment related to this specific feature. In contrast, movement to a watch list or deletion of the risk does not recognize the fact that the risk has been validated through customer feedback. Instead, it acknowledges a positive development that diminishes the uncertainty regarding the feature's success. Repurposing a response plan may not apply because the feature has already been deemed viable, so there's no longer a need for the original risk response strategy.