nerdexam
CompTIA

PK0-004 · Question #935

A project team identifies the fluctuating cost of a raw material as a risk to the project. Just prior to procuring the material, the price drops substantially. The team decides to double the order…

The correct answer is B. Exploit. They're exploiting the cheaper cost by buying double.

Project management concepts

Question

A project team identifies the fluctuating cost of a raw material as a risk to the project. Just prior to procuring the material, the price drops substantially. The team decides to double the order of the material and use the surplus in a future project. Which of the following risk strategies does this employ?

Options

  • AMitigate
  • BExploit
  • CAccept
  • DTransfer

How the community answered

(63 responses)
  • A
    6% (4)
  • B
    81% (51)
  • C
    10% (6)
  • D
    3% (2)

Explanation

They're exploiting the cheaper cost by buying double.

Topics

#risk exploitation#opportunity management#risk response strategies#procurement

Community Discussion

No community discussion yet for this question.

Full PK0-004 Practice