PMI-RMP · Question #38
Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that…
The correct answer is D. Acceptance. Acceptance of a positive risk (opportunity) means the project team acknowledges the opportunity exists but consciously decides not to actively pursue it - either because the effort to exploit it outweighs the benefit, or because the savings is nominal, as in this case. Enhance…
Question
Lisa is the project manager of the FKN project for her organization. She is working with Sam, the CIO, to discuss a discount the vendor has offered the project based on the amount of materials that is ordered. Lisa and Sam review the offer and agree that while their project may qualify for the discounted materials the savings is nominal and they would not necessarily pursue the savings. Lisa documents this positive risk response in the risk register. What risk response is this?
Options
- AEnhance
- BTransference
- CShare
- DAcceptance
How the community answered
(32 responses)- A3% (1)
- B9% (3)
- C16% (5)
- D72% (23)
Explanation
Acceptance of a positive risk (opportunity) means the project team acknowledges the opportunity exists but consciously decides not to actively pursue it - either because the effort to exploit it outweighs the benefit, or because the savings is nominal, as in this case. Enhance (A) would mean taking steps to increase the probability or impact of the opportunity. Share (C) would involve partnering with a third party to capture the opportunity. Transference (B) is primarily a threat response. Lisa and Sam reviewed the opportunity and passively accepted it without action, which is the definition of risk acceptance.
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