PK0-004 · Question #899
A regulatory project is behind schedule, and the project manager informs the steering committee that more resources are needed to complete the automation requirements on time. However, the funding…
The correct answer is A. Risk mitigation. Risk mitigation involves taking proactive action to reduce the probability or impact of a negative risk event. Here, the team cannot eliminate the risk (avoidance) or transfer it, and has not simply accepted it passively. Instead, they are actively applying a workaround - a…
Question
A regulatory project is behind schedule, and the project manager informs the steering committee that more resources are needed to complete the automation requirements on time. However, the funding request was rejected. To be in compliance, the project team performs a physical workaround to attempt to complete the project on time. Which of the following is this an example of?
Options
- ARisk mitigation
- BRisk acceptance
- CRisk exploitation
- DRisk avoidance
How the community answered
(47 responses)- A74% (35)
- B6% (3)
- C15% (7)
- D4% (2)
Explanation
Risk mitigation involves taking proactive action to reduce the probability or impact of a negative risk event. Here, the team cannot eliminate the risk (avoidance) or transfer it, and has not simply accepted it passively. Instead, they are actively applying a workaround - a concrete action - to reduce the impact of the schedule risk and maintain compliance. Exploitation (C) applies to opportunities, not threats. Acceptance (B) would mean doing nothing and absorbing the consequence.
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