CV0-004 · Question #301
CV0-004 Question #301: Real Exam Question with Answer & Explanation
The correct answer is A: Execute the contingency plan. When a risk trigger is detected, the risk hasn't yet turned into an issue, but the conditions indicate it may happen. At this stage, the project team should execute the contingency plan that was pre- developed during risk planning. Assigning a risk owner happens earlier in the pl
Question
A highly scored negative risk causes a risk trigger, but the issue has not started yet. Which of the following is the next step the project team should take?
Options
- AExecute the contingency plan
- BPerform a work-around
- CEscalate to senior management
- DAssign a risk owner
Explanation
When a risk trigger is detected, the risk hasn't yet turned into an issue, but the conditions indicate it may happen. At this stage, the project team should execute the contingency plan that was pre- developed during risk planning. Assigning a risk owner happens earlier in the planning stage, and work-arounds are used only for unplanned risks. Escalation is only needed if the contingency cannot address the risk.
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