PMI-RMP · Question #338
Two companies merge. The executive leadership team for the newly formed company hires a project risk manager to integrate both companies' technology platforms into a single global platform. Since succ
The correct answer is A. People, planning, and analysis. Effective risk response planning requires three core elements: People - the right stakeholders, subject matter experts, and team members who understand the risks and have the authority and skills to act on them; Planning - the structured development of response strategies, owners
Question
Two companies merge. The executive leadership team for the newly formed company hires a project risk manager to integrate both companies' technology platforms into a single global platform. Since success of this integration project is critical for the new company, the project risk manager determines that risk management is vital. What factors does risk response planning include?
Options
- APeople, planning, and analysis
- BPeople, planning, and avoidance
- CPlanning, avoidance, and analysis
- DPeople, avoidance, and analysis
How the community answered
(31 responses)- A87% (27)
- B3% (1)
- C3% (1)
- D6% (2)
Explanation
Effective risk response planning requires three core elements: People - the right stakeholders, subject matter experts, and team members who understand the risks and have the authority and skills to act on them; Planning - the structured development of response strategies, owners, timelines, and contingency triggers for each identified risk; and Analysis - the evaluation of risk likelihood, impact, and the effectiveness of proposed responses to select the most appropriate course of action. 'Avoidance' (choices B, C, D) is one specific risk response strategy among several (avoid, transfer, mitigate, accept) - it is not a universal planning factor. Including 'avoidance' as a foundational factor would incorrectly narrow the planning process to a single strategy.
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