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PMI-RMP · Question #320

PMI-RMP Question #320: Real Exam Question with Answer & Explanation

The correct answer is B: Contingency reserve. See the full explanation below for the reasoning.

Risk Strategy and Planning

Question

During the initial risk planning process, the risk manager and project manager discuss ways to handle known risks. Which project reserve should the project manager use to budget for known risks?

Options

  • ABudget reserve
  • BContingency reserve
  • CChange management reserve
  • DRisk reserve

Topics

#Contingency reserve#Known risks#Risk budgeting#Project reserves

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