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PMI-RMP · Question #42

PMI-RMP Question #42: Real Exam Question with Answer & Explanation

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Risk Strategy and Planning

Question

You are the project manager of the NNQ Project for your company and are working with your project team to define contingency plans for the risks within your project. Mary, one of your project team members, asks what a contingency plan is. Which of the following statements best defines what a contingency response is?

Options

  • ASome responses are designed for use only if certain events occur.
  • BSome responses have a cost and a time factor to consider for each risk event.
  • CSome responses must counteract pending risk events.
  • DQuantified risks should always have contingency responses.

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Topics

#Contingency Planning#Risk Response Strategies#Risk Management Process#Risk Definition
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