PK0-003 · Question #289
There is a high probability of a needed resource becoming unavailable. The project manager determines the impact to be low; therefore, the MOST likely response to the identified risk is to:
The correct answer is A. Accept it. When a resource risk has a high probability but a low impact, the most appropriate response is to accept it, as the potential consequences do not justify expending resources to prevent or mitigate it.
Question
There is a high probability of a needed resource becoming unavailable. The project manager determines the impact to be low; therefore, the MOST likely response to the identified risk is to:
Options
- AAccept it
- BAvoid it
- CMinimize it
- DMitigate it
How the community answered
(34 responses)- A85% (29)
- B3% (1)
- C3% (1)
- D9% (3)
Why each option
When a resource risk has a high probability but a low impact, the most appropriate response is to accept it, as the potential consequences do not justify expending resources to prevent or mitigate it.
When the impact of a risk is determined to be low, the most practical response is often to accept it. Accepting a risk means no specific action is taken to address it, as the potential consequences do not warrant expending resources for avoidance or mitigation.
Avoiding a risk usually means eliminating its cause, which is done for high-impact or high-probability risks, not typically for low-impact ones.
Minimizing a risk involves reducing its probability or impact, which is generally done when the risk is deemed significant enough to warrant intervention.
Mitigating a risk means reducing its impact or probability, a response usually reserved for risks with a higher impact or a more critical nature.
Concept tested: Risk response strategies for low impact
Source: https://www.pmi.org/learning/library/project-risk-management-process-6997
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