Skip to content
PMPMedium

PMP Practice: Iteratively assess and prioritize risks

Question 2 of 5 in Assess and Manage Risks

Pick an answer below — you'll get the explanation instantly, no signup.

Nikolai Volkov-Sorokin is leading development of a mobile fitness app for Electric Pangolin Co, a startup competing in a rapidly evolving market. The team is working in two-week sprints using Scrum. During sprint planning for Sprint 7, a developer mentions that a third-party payment API they planned to integrate has announced a major architecture change happening in six weeks. The team has not yet started integration work, which is scheduled for Sprint 9. The product owner wants to understand how this might affect the product roadmap, as payment processing is critical for the app's monetization strategy. The team has successfully integrated other APIs in previous sprints but has never worked with this particular payment provider. How should Nikolai approach risk assessment for this situation?
Show answer & explanation

Correct answer: Add a spike story to the current sprint backlog to investigate the API changes, assess integration complexity, and identify options so the team can make an informed decision at the next refinement session

Explanation

In agile environments, risks are assessed iteratively and just-in-time rather than through comprehensive upfront analysis. The spike story is the most appropriate agile practice here because it enables rapid learning and informed decision-making without disrupting the current sprint commitment. A spike is a time-boxed research activity that helps the team understand technical uncertainty before committing to implementation work. Since the API change happens in six weeks and integration is planned for Sprint 9 (approximately four weeks away), the team has a brief window to investigate options, assess feasibility, and adapt the backlog accordingly. This approach balances the urgency of understanding the risk with agile principles of empirical learning and just-in-time planning. The spike findings will inform conversations with the product owner about roadmap adjustments during backlog refinement, allowing the team to make evidence-based decisions rather than speculative ones. The scenario's closing fact that the team has never worked with this payment provider emphasizes the need for exploration before commitment, making investigation the clear priority.

**Why not A:** While risk assessment is important, immediately scheduling a workshop and updating a formal risk register reflects predictive project management practices rather than agile approaches. Agile teams integrate risk management into regular ceremonies like sprint planning, retrospectives, and backlog refinement rather than creating separate risk management events. Additionally, attempting to identify mitigation strategies before understanding the technical details through actual investigation would be premature and speculative.

**Why not C:** Creating a detailed risk management plan and freezing user stories represents an overly predictive response that contradicts agile values. Agile teams embrace change and uncertainty rather than seeking complete certainty before proceeding. Freezing stories would halt progress unnecessarily when investigation could quickly clarify options. The emphasis on documentation and escalation before exploration also reflects waterfall thinking where risks must be fully documented and approved before action, rather than agile's empirical approach of learning through experimentation.

**Why not D:** Waiting until Sprint 9 to assess the risk violates the principle of iterative risk assessment and wastes the team's advance warning. While agile teams avoid over-planning distant work, they do assess emerging risks that could affect near-term commitments. The team has a six-week warning about a change affecting work planned four weeks out—this is precisely when proactive investigation adds value. Agile responsiveness means acting on information as it becomes available, not ignoring known risks until they become immediate problems. The scenario specifically states the product owner needs to understand roadmap impacts, making waiting particularly inappropriate.

Key Concept

This question covers Iteratively assess and prioritize risks under Assess and Manage Risks (Process).

Share:

This is 1 of 100 free PMP questions

Unlock 6,300+ PMP practice questions with detailed explanations, progress tracking, and exam readiness prediction.

Unlock All Questions