Question from Mock Exam 7 – Question 91 (TIA PMP Simulator) Scenario: Right at the outset of a technology upgrade project, it's discovered that a key software component will no longer be updated by the vendor. Anticipating such a scenario, the project manager had set aside emergency funds. Question: What course of action should the project manager undertake? - Use the emergency funds to immediately replace the outdated software component - Conduct an impact assessment to evaluate how the outdated component affects the project’s goals and deliverables ✅ (Marked as correct) - Request additional funding from stakeholders to cover the replacement and mitigate potential delays - Continue with the existing software component while monitoring for potential risks associated with its obsolescence 🧠 My confusion: The question states that the PM anticipated such a scenario and set aside emergency funds — which implies the risk was: - Identified - Analyzed - Had a contingency reserve (funds) planned specifically for this From a PMI perspective, once a known risk occurs and a response is planned, the PM should execute the response, not re-analyze it again. In this case, the response is already funded. While I understand the explanation says an impact assessment helps ensure alignment with goals, wouldn't that be part of the original risk analysis done during planning? Repeating the assessment now could delay the project or undermine the value of proactive risk management. 💬 What do others think?Shouldn't the PM follow through with the planned risk response, since the question directly connects the emergency funds to the anticipated scenario? Curious to hear from anyone who’s passed the PMP or has insight into how PMI wants us to approach this type of situation. Thanks in advance!

I passed yesterday AT,T,AT. Thank you Gina Kisner for your advice. Hope you all pass.

Dear mr Andrew in agile methods or iteration and incremental , the processes of direct and manage project work how they are differs between traditional and agile ?

The project manager's company won a digital transformation project request for proposal (RFP) with clear scope, time and cost. As part of the RFP clause, the project manager's company also provided the number of resources required to complete the project. This is a very high investment project, and the customer wants to monitor the progress regularly. Since it is a fixed price project, what approach should the project manager use? 1. A.Use a predictive approach and send the daily status report to the customer. 2. B.Use an Agile approach and showcase each successful completion of the story. 3. C.Use a hybrid approach and showcase each successful completion of each module. 4. D.Use a predictive approach and showcase each successful completion of each module.

I passed PMP yesterday. I would like to say special shout out to @Priyanka Goyal whose post gave me all the inspiration I needed on a day when I was debate on quitting due as I was going through hard times . And being kind and patient to clarify my questions and doubts ..❤️❤️❤️. Thanks a ton for @Njay to create the study group and initially it gave me the boost I wanted and I learned I had lot of gaps that I need to work on . Thank you Njay ❤️. Thanks AR for the effort your put in create that 35 hours course 🙏🙏