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PMI-RMP · Question #23

Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her…

The correct answer is B. This is the avoidance risk response. Holly has used the Avoidance risk response. Risk avoidance involves changing the project management plan to eliminate the threat entirely-by removing the cause of the risk, extending the schedule, changing scope, or adjusting the approach. It is the most aggressive…

Risk Strategy and Planning

Question

Holly is the project manager of the GHH Project. During risk identification and the subsequent risk analysis process she has identified a risk with a high probability and high impact for her project. She and the stakeholder agree that the project management plan should be changed to eliminate the risk threat entirely. What risk response has Holly used in this instance?

Options

  • AThis is the risk mitigation response.
  • BThis is the avoidance risk response.
  • CThis is the transference risk response.
  • DThis is a scope change and not a risk response.

How the community answered

(32 responses)
  • B
    91% (29)
  • C
    3% (1)
  • D
    6% (2)

Explanation

Holly has used the Avoidance risk response. Risk avoidance involves changing the project management plan to eliminate the threat entirely-by removing the cause of the risk, extending the schedule, changing scope, or adjusting the approach. It is the most aggressive negative-risk response because it completely eliminates the risk. Mitigation (A) reduces probability or impact but does not eliminate the risk. Transference (C) shifts the risk to a third party (e.g., via insurance or outsourcing). A scope change alone (D) is not automatically a risk response unless it is intentionally done to eliminate the risk, which is exactly what avoidance is.

Topics

#Risk response strategies#Risk avoidance#Threat response#Project management plan changes

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