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PK0-005 · Question #354

PK0-005 Question #354: Real Exam Question with Answer & Explanation

The correct answer is C: Transfer. In this case, Project A is transferring the responsibility for developing the API to Project B, effectively using the work from Project B instead of continuing to develop it internally. This is an example of risk transfer, where the project manager shifts the risk (in this case,

Project Management Concepts

Question

Project A is running behind schedule. The team realizes that Project B is working on an API that was planned to be developed by Project A. The project manager from Project A decides to use the API from Project B. Which of the following risk management strategies describes this example?

Options

  • AExploit
  • BShare
  • CTransfer
  • DAccept

Explanation

In this case, Project A is transferring the responsibility for developing the API to Project B, effectively using the work from Project B instead of continuing to develop it internally. This is an example of risk transfer, where the project manager shifts the risk (in this case, the delay due to API development) to another party who is better equipped to handle it.

Topics

#Risk Management#Risk Response Strategies#Risk Transfer#Project Execution

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