Gather and Analyze Performance Data

Monitoring risk isn't a separate activity from monitoring the project generally — this task is about pulling performance data from risk-relevant work packages and reconciling it against what the risk plan expected to see. That starts with analyzing completion status against the baseline and performing variance analysis, the same discipline used for schedule and cost performance, now applied specifically through a risk lens.

The broader goal is monitoring how the project's risk exposure is tracking against the wider enterprise, not just the project in isolation — a project that looks fine on its own metrics can still represent a growing risk exposure for the organization as a whole if, for example, several similar projects are compounding the same underlying risk simultaneously.

Study focus: this task is where Domain V connects back to the variance-analysis techniques tested elsewhere in project management generally — PMI-RMP expects you to apply that same analytical discipline specifically to risk-relevant performance data, not treat it as an unrelated skill.