PMI-RMP · Question #459
PMI-RMP Question #459: Real Exam Question with Answer & Explanation
The correct answer is D: Request additional management reserve for those risks. The project manager should implement the risk handling strategies for the risks that occur more frequently, as this will help reduce their impact on the project and improve overall project Exploit is a positive risk response strategy that aims to ensure that the opportunity is re
Question
Upon reviewing the risk analysis results, the project manager notices several risks that occur more frequently than others. What should the project manager do?
Options
- AReduce the probabilities of those risks on the risk register
- BTransfer ownership of those risks to the customer
- CImplement the risk handling strategies for those risks
- DRequest additional management reserve for those risks
Explanation
The project manager should implement the risk handling strategies for the risks that occur more frequently, as this will help reduce their impact on the project and improve overall project Exploit is a positive risk response strategy that aims to ensure that the opportunity is realized. It involves eliminating the uncertainty associated with a particular upside risk and making it happen. For example, if there is an opportunity to reduce the project cost by using a cheaper supplier, the project manager can exploit it by signing a contract with the supplier and securing the savings. Exploit is the opposite of avoid, which is a negative risk response strategy that seeks to eliminate the threat or protect the project from its impact.
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