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CAPM · Question #521
CAPM Question #521: Real Exam Question with Answer & Explanation
The correct answer is C: Implement Appropriate Response. See the full explanation below for the reasoning.
Predictive, Plan-Based Methodologies
Question
Since the risk has already been identified (supplier delays and cost increases due to safety regulations) and the team has already determined a response strategy (absorbing the cost by reducing lag in tasks), the next step is to implement the response. This involves: - Adjusting the schedule to reduce lag where possible. - Monitoring supplier performance. - Managing budget adjustments accordingly. Which of the following describes how this situation is managed?
Options
- APerform Quantitative Risk Analysis
- BPlan Project Risk Management
- CImplement Appropriate Response
- DPerform Qualitative Risk Analysis
Topics
#Risk Management#Implement Risk Responses#Project Execution
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