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.
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)- A82% (41)
- B6% (3)
- C2% (1)
- D10% (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.
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.
Accept means acknowledging a risk and taking no proactive action, which does not describe seeking authorization to use the laptops.
Mitigate applies to negative risks and involves reducing the probability or impact of a threat, not leveraging an opportunity.
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
Community Discussion
No community discussion yet for this question.