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PGMP · Question #350

PGMP Question #350: Real Exam Question with Answer & Explanation

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Program Life Cycle Management

Question

The advertising agency has been awarded a $54M US, 8-year contract to manage the advertising campaigns of a fast food chicken restaurant. The company realizes that this work is going to require a specific skill set for 40 people. Their current workforce only has 7 people with this skill set. This skill set is somewhat rare and specialized in the area they are located. They have chosen to buy a company much smaller than they are, but this company's core focus is this type of skill set. The company employs 50 people with this skill set. This is an example of what type of risk response strategy?

Options

  • AExploit
  • BShare
  • CMitigate
  • DAccept

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Topics

#Risk Management#Risk Response Strategies#Opportunity Exploitation#Program Resources
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