CAPM Predictive Plan-Based Methodologies Practice Question
A project manager is creating the risk management plan. Which document should the project manager reference to identify the risk tolerance of stakeholders?
⚠ Common exam trap
The trap is that candidates often select the stakeholder management plan, but risk tolerance is actually documented in the project charter.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Project charter
The project charter contains high-level project risks and the risk appetite of the organization, which reflects stakeholders' risk tolerance. Therefore, it is the appropriate document to reference when creating the risk management plan.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Project scope statement
Why it's wrong here
The project scope statement defines scope but does not include stakeholder risk tolerance.
- ✗
Stakeholder management plan
Why it's wrong here
The stakeholder management plan documents engagement strategies but does not directly capture risk tolerance; that is found in the project charter.
- ✓
Project charter
Why this is correct
Correct. The project charter includes the risk appetite and high-level risks, which inform stakeholder risk tolerance.
- ✗
Risk register
Why it's wrong here
The risk register lists identified risks and their characteristics, but not the tolerance levels.
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Written by Johnson Ajibi, MSc IT Security
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This CAPM practice question is part of Courseiva's free PMI certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CAPM exam.