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PK0-004 · Question #839

PK0-004 Question #839: Real Exam Question with Answer & Explanation

The correct answer is D: Mitigate. Providing training reduces the probability or impact of a risk without eliminating it entirely, which is the definition of the mitigate strategy.

Question

A project sponsor wants to replace the current PM with a more experienced PM. However, removing the current PM might have a negative impact on the team's morale and motivation in a critical stage of the project. After talking to the main stakeholder, the sponsor decides to provide the PM with training according to the need instead of removing the PM. Which of the following risk management strategies was used in this scenario?

Options

  • AAvoid
  • BExploit
  • CTransfer
  • DMitigate

Explanation

Providing training reduces the probability or impact of a risk without eliminating it entirely, which is the definition of the mitigate strategy.

Common mistakes.

  • A. Avoidance eliminates the threat entirely by changing the plan - actually removing the PM would be avoidance, not providing training.
  • B. Exploit is a positive risk response strategy used to maximize opportunities, and it does not apply to threats such as an underperforming PM.
  • C. Transfer shifts the risk and its financial or operational consequences to a third party, such as outsourcing project management, which did not happen here.

Concept tested. Negative risk response strategy - mitigate

Reference. https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

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