While executing an oil extraction project in an environmentally sensitive area, weather is the main cause of delay in the project work. The risk manager was aware that the delays caused by the weather

The correct answer is C. Execute the contingency plans.. Weather delays in an environmentally sensitive oil extraction project represent a risk that cannot be avoided or mitigated-the risk manager explicitly acknowledged this. When a risk cannot be prevented and it materializes, the correct action is to execute pre-planned contingency

Risk Strategy and Planning

Question

While executing an oil extraction project in an environmentally sensitive area, weather is the main cause of delay in the project work. The risk manager was aware that the delays caused by the weather could not be avoided or mitigated. What should the risk manager do to manage this risk?

Options

APerform time recovery actions.
BExecute the prevention plans.
CExecute the contingency plans.
DPerform change management.

How the community answered

(28 responses)

A
14% (4)
B
7% (2)
C
75% (21)
D
4% (1)

Explanation

Weather delays in an environmentally sensitive oil extraction project represent a risk that cannot be avoided or mitigated-the risk manager explicitly acknowledged this. When a risk cannot be prevented and it materializes, the correct action is to execute pre-planned contingency plans (C). Contingency plans are developed in advance specifically for risk events that are expected to occur and cannot be stopped. Prevention plans (B) are irrelevant since the risk cannot be prevented. Time recovery actions (A) such as crashing the schedule are a corrective action, not a structured risk response. Change management (D) addresses process changes, not the execution of a prepared risk response.

Topics

#Risk response strategies#Contingency planning#Unavoidable risks#Risk execution

Community Discussion

No community discussion yet for this question.

Full PMI-RMP Practice