CSSLP · Question #348
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the pr
The correct answer is D. Four. For negative risk events in project management, there are four primary risk response strategies: Avoid, Transfer, Mitigate, and Accept. These strategies are used to manage threats to project objectives.
Question
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?
Options
- AThree
- BSeven
- COne
- DFour
How the community answered
(46 responses)- A2% (1)
- B2% (1)
- C2% (1)
- D93% (43)
Why each option
For negative risk events in project management, there are four primary risk response strategies: Avoid, Transfer, Mitigate, and Accept. These strategies are used to manage threats to project objectives.
Three is incorrect as there are four distinct strategies for negative risks.
Seven is incorrect; there are four strategies for negative risks and five for positive risks (exploit, enhance, share, accept, escalate) but the question only asks for negative.
One is incorrect as there are multiple strategies to address negative risks.
For negative risks (threats), there are four primary risk response strategies: Avoid (eliminating the threat), Transfer (shifting the impact and ownership to a third party), Mitigate (reducing the probability or impact of the threat), and Accept (acknowledging the risk without taking proactive action).
Concept tested: Project Risk Response Strategies (Threats)
Source: https://www.pmi.org/learning/library/risk-management-planning-project-management-1981
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