PK0-003 · Question #465
Changing the project schedule to prevent a known risk is an example of which of the following risk responses?
The correct answer is B. Avoidance. Changing a project schedule to eliminate a known risk before it occurs is a proactive strategy known as risk avoidance.
Question
Changing the project schedule to prevent a known risk is an example of which of the following risk responses?
Options
- AMitigation
- BAvoidance
- CAcceptance
- DTransference
How the community answered
(36 responses)- B92% (33)
- C3% (1)
- D6% (2)
Why each option
Changing a project schedule to eliminate a known risk before it occurs is a proactive strategy known as risk avoidance.
Mitigation reduces the probability or impact of a risk, but does not eliminate it.
Risk avoidance involves eliminating the threat or protecting the project from its impact by changing the project plan to prevent the risk event from happening altogether. Changing the schedule to prevent a known risk is a direct action to avoid the risk.
Acceptance involves deciding not to take any action to address the risk, either passively or actively.
Transference shifts the responsibility for the risk and its impact to a third party.
Concept tested: Project risk response strategies - avoidance
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