A project manager identifies a risk in a multifunctional project and decides to take no action. What should the risk manager do if the risk occurs?

Question

Options

• AImplement a workaround.
• BCreate a change request.
• CImplement a contingency or fallback plan.
• DReview the project management plan.

• A
  12% (3)
• B
  4% (1)
• C
  80% (20)
• D
  4% (1)

Explanation

When a project manager decides to 'take no action' on a risk, they are applying the Acceptance risk response strategy. Even under passive acceptance, best practice in risk management dictates that a contingency plan (or fallback plan) should be prepared in advance for identified risks, so the team is not caught entirely unprepared if the risk materializes. A contingency plan is triggered when a specific risk event occurs; a fallback plan is used when the primary response proves insufficient. A workaround (A) is reserved for unplanned, unidentified risks that had no prior response plan. Creating a change request (B) is a process step, not a response strategy. Reviewing the project management plan (D) is too passive and non-actionable when a risk is actively occurring.

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