Amy is the project manager for her company. In her current project the organization has a very low tolerance for risk events that will affect the project schedule. Management has asked Amy to consider the affect of all the risks on the project schedule. What approach can Amy take to create a bias against risks that will affect the schedule of the project?

A.
She can filter all risks based on their affect on schedule versus other project objectives.

B.
She can have the project team pad their time estimates to alleviate delays in the project schedule.

C.
She can shift risk-laden activities that affect the project schedule from the critical path as much as possible.

D.
She can create an overall project rating scheme to reflect the bias towards risks that affect the project schedule.

Explanation:

An overall project rating scheme can reflect an organization’s bias against risk that affect the project schedule. The rating scheme can help Amy create a weighting to assess risks that affect the project schedule to prioritize the risk events.
Answer option A is incorrect. While this approach will highlight the risk events that affect the project schedule, it is not the best solution for the project.
Answer option B is incorrect. Padding time in the project activities can actually cause the project to run longer than expected. In addition, this approach does not address or prioritize the risk events in the project. Answer option C is incorrect. Shifting activities from the critical path is not always a good or feasible solution. In addition, this approach does not address the risk events for prioritization. Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"