GSLC · Question #324
Which of the following is involved with the improvement of different courses of actions that include changes in schedule, resources, or contract?
The correct answer is C. Contingency plan. A contingency plan is a predefined set of alternative actions prepared in advance to address identified risks if they occur.
Question
Which of the following is involved with the improvement of different courses of actions that include changes in schedule, resources, or contract?
Options
- APlanning Meeting and Analysis
- BRisk response planning
- CContingency plan
- DAcceptance response
How the community answered
(42 responses)- A2% (1)
- B2% (1)
- C88% (37)
- D7% (3)
Why each option
A contingency plan is a predefined set of alternative actions prepared in advance to address identified risks if they occur.
Planning Meeting and Analysis is a tool used within the risk management planning process to define how risk activities will be conducted, not a mechanism for defining alternative response actions.
Risk response planning is the broader process of developing options for opportunities and threats, whereas a contingency plan is a specific output artifact defining the actual alternative actions.
A contingency plan outlines specific alternative courses of action - including adjustments to schedule, reallocation of resources, or contract modifications - that are executed when a risk event materializes. It is developed proactively during risk planning so the team can respond quickly without having to improvise under pressure.
Acceptance response is a risk strategy where the team decides to acknowledge a risk and take no proactive action, making no provision for alternative courses of action.
Concept tested: Contingency plan as alternative response actions
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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