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PMI-RMP · Question #157

Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG…

The correct answer is B. Contingent response strategy. This is a Contingent Response Strategy - a risk response that is only triggered when a specific predefined condition or trigger event occurs. In this scenario, the response (switching to NBG Company) is only activated if and when the vendor is late by more than ten days…

Risk Strategy and Planning

Question

Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG Company to fulfill the order. The NBG Company can guarantee orders within three days, but the costs of their products are significantly more expensive than the current vendor. What type of a response strategy is this?

Options

  • AInternal risk management strategy
  • BContingent response strategy
  • CExternal risk response
  • DExpert judgment

How the community answered

(47 responses)
  • A
    13% (6)
  • B
    77% (36)
  • C
    6% (3)
  • D
    4% (2)

Explanation

This is a Contingent Response Strategy - a risk response that is only triggered when a specific predefined condition or trigger event occurs. In this scenario, the response (switching to NBG Company) is only activated if and when the vendor is late by more than ten days. Contingent responses are pre-planned fallback actions that remain dormant until a specific risk trigger materializes. This is distinct from active mitigation (which reduces probability/impact upfront), transfer, or avoidance strategies. The explicit trigger condition ('more than ten days late') is the defining characteristic of a contingent response.

Topics

#Contingent Response Strategy#Risk Response Planning#Fallback Plan#Trigger Event

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