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RCDDV15 · Question #241

The risk manager completes risk response planning. The risk manager believes that to effectively address all eventualities, an additional action is required. What should the program manager do next?

The correct answer is B. Establish a contingency reserve. See the full explanation below for the reasoning.

Program Risk Management

Question

The risk manager completes risk response planning. The risk manager believes that to effectively address all eventualities, an additional action is required. What should the program manager do next?

Options

  • ATransfer a percentage of known risks
  • BEstablish a contingency reserve
  • CAvoid known critical project threats.
  • DPerform a final review of project scope

How the community answered

(53 responses)
  • A
    6% (3)
  • B
    75% (40)
  • C
    4% (2)
  • D
    15% (8)

Topics

#risk response planning#contingency reserve#residual risk#program risk management

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