840-423 · Question #68
Which action is the recommended way to mitigate or minimize risks?
The correct answer is C. Rate the priority and potential impact from risks and assign resources accordingly. Prioritizing risks by their likelihood and potential impact, then allocating resources based on that prioritization, is the foundation of effective risk management - it ensures limited resources address the most critical threats first rather than being spread thin or…
Question
Which action is the recommended way to mitigate or minimize risks?
Options
- AAssign the most experienced resource to a single risk item.
- BAdd customer IT personnel to the project team so that they can bear responsibilities along
- CRate the priority and potential impact from risks and assign resources accordingly.
- DInclude more capabilities in the solution to reduce risks without concern about the cost or
How the community answered
(58 responses)- A5% (3)
- B3% (2)
- C81% (47)
- D10% (6)
Explanation
Prioritizing risks by their likelihood and potential impact, then allocating resources based on that prioritization, is the foundation of effective risk management - it ensures limited resources address the most critical threats first rather than being spread thin or misallocated.
Why the distractors fail:
- A concentrates your best resource on one item, leaving other risks potentially unaddressed and creating a single point of dependency.
- B shifts accountability to the customer rather than managing the risk; adding people doesn't mitigate risk, it just redistributes blame.
- D describes uncontrolled scope creep - adding features without cost consideration creates new risks rather than reducing them.
Memory tip: Think of risk mitigation like triage in an emergency room - you don't assign your best doctor to one patient and ignore the rest; you assess severity and allocate staff where the impact is highest. "Rate, then allocate" = option C.
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