nerdexam
GIAC

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.

Risk Management & Compliance

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)
  • A
    2% (1)
  • B
    2% (1)
  • C
    88% (37)
  • D
    7% (3)

Why each option

A contingency plan is a predefined set of alternative actions prepared in advance to address identified risks if they occur.

APlanning Meeting and Analysis

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.

BRisk response planning

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.

CContingency planCorrect

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.

DAcceptance response

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

Topics

#contingency planning#risk response#schedule management#resource management

Community Discussion

No community discussion yet for this question.

Full GSLC Practice