CompTIA
PK0-004 · Question #821
A project management team is discussing a potential risk event that would be devastating to the organization and prohibitively expensive to mitigate or insure against if it occurred. Which of the…
The correct answer is D. Avoid. In case of risk failure, the budget of the project along with the time schedule shall be adversely affected. It is better to avoid any such potential risk event.
Project management concepts
Question
A project management team is discussing a potential risk event that would be devastating to the organization and prohibitively expensive to mitigate or insure against if it occurred. Which of the following is the BEST risk strategy to adopt?
Options
- AAccept
- BExploit
- CTransfer
- DAvoid
How the community answered
(45 responses)- A7% (3)
- B9% (4)
- C2% (1)
- D82% (37)
Explanation
In case of risk failure, the budget of the project along with the time schedule shall be adversely affected. It is better to avoid any such potential risk event.
Topics
#risk strategies#risk avoidance#risk response#risk management
Community Discussion
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