PMI-ACP · Question #13
Risk exposure is the:
The correct answer is A. Funds set aside to contain the risk. In this exam's context, risk exposure refers to the funds (financial reserve) set aside to address or contain a risk should it occur - sometimes called a risk reserve or contingency reserve. Note: in standard PMI/PMBOK terminology, risk exposure is more precisely defined as…
Question
Risk exposure is the:
Options
- AFunds set aside to contain the risk.
- BProbability a risk will occur.
- CAmount of money the risk will cost if it occurs.
- DAmount of damage to the project if the risk occurs.
How the community answered
(30 responses)- A93% (28)
- B3% (1)
- D3% (1)
Explanation
In this exam's context, risk exposure refers to the funds (financial reserve) set aside to address or contain a risk should it occur - sometimes called a risk reserve or contingency reserve. Note: in standard PMI/PMBOK terminology, risk exposure is more precisely defined as probability Ã- impact (expected monetary value). Exam questions in some Agile certification curricula use 'risk exposure' to mean the allocated financial buffer designated to absorb a risk's impact, which aligns with answer A here.
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