CSSLP · Question #66
CSSLP Question #66: Real Exam Question with Answer & Explanation
The correct answer is A: Acceptance. Acceptance is the only risk response strategy that can be applied to both positive and negative risk events, where the project team decides not to take any action regarding the risk.
Question
There are seven risks responses that a project manager can choose from. Which risk response is appropriate for both positive and negative risk events?
Options
- AAcceptance
- BTransference
- CSharing
- DMitigation
Explanation
Acceptance is the only risk response strategy that can be applied to both positive and negative risk events, where the project team decides not to take any action regarding the risk.
Common mistakes.
- B. Transference (or transfer) is primarily used for negative risks, moving the ownership and responsibility of the risk to a third party.
- C. Sharing is a strategy typically applied to positive risks (opportunities) to increase the probability and/or impact of the opportunity, by sharing ownership with a third party.
- D. Mitigation is specifically a response for negative risks, aiming to reduce the probability or impact of the threat to an acceptable level.
Concept tested. Project risk management strategies
Reference. https://www.pmi.org/pmbok-guide-standards/foundational/pmbok/risk-management
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