nerdexam
CompTIA

PK0-004 · Question #763

A project requires that laptops be obtained immediately. The project manager confirms existing laptops, which were used for a previous project, are available, but authorization is required to use…

The correct answer is A. Exploit. This scenario involves a positive risk (opportunity) where existing laptops can fulfill an immediate need - the project manager must take action to ensure the opportunity is realized by seeking authorization.

Project management concepts

Question

A project requires that laptops be obtained immediately. The project manager confirms existing laptops, which were used for a previous project, are available, but authorization is required to use them. Which of the following risk response strategies does this represent?

Options

  • AExploit
  • BAccept
  • CMitigate
  • DTransfer

How the community answered

(50 responses)
  • A
    82% (41)
  • B
    6% (3)
  • C
    2% (1)
  • D
    10% (5)

Why each option

This scenario involves a positive risk (opportunity) where existing laptops can fulfill an immediate need - the project manager must take action to ensure the opportunity is realized by seeking authorization.

AExploitCorrect

Exploit is the risk response strategy used for positive risks (opportunities) where the project team acts to ensure the opportunity occurs. Seeking authorization to use existing laptops that are immediately available is a deliberate action to guarantee the opportunity materializes, removing uncertainty and ensuring the benefit is captured for the project.

BAccept

Accept means acknowledging a risk and taking no proactive action, which does not describe seeking authorization to use the laptops.

CMitigate

Mitigate applies to negative risks and involves reducing the probability or impact of a threat, not leveraging an opportunity.

DTransfer

Transfer shifts risk to a third party such as through insurance or a contract, which is unrelated to utilizing available internal resources.

Concept tested: Positive risk response strategy - exploit

Source: https://www.pmi.org/learning/library/risk-response-strategies-positive-risks-7560

Topics

#risk response strategies#exploit#positive risk#resource reuse

Community Discussion

No community discussion yet for this question.

Full PK0-004 Practice