CMP CMP Risk Management & Mitigation 2

Question 1

A capture team learns a key teaming partner is experiencing serious financial difficulties. This is best classified as which type of risk?

Accepted Answer

Supply chain / partner risk

Answer

Financial instability in a teaming partner represents a supply chain risk that can jeopardize both the proposal submission and contract performance commitments.

Question 2

Which risk analysis technique uses structured 'what-if' scenarios to stress-test a capture plan against potential adverse events?

Accepted Answer

Scenario analysis

Answer

Scenario analysis explores how different risk events could unfold and tests whether the capture strategy remains viable under adverse conditions.

Question 3

According to PMBOK risk response strategies, 'avoid' means:

Accepted Answer

Changing the plan to eliminate the risk or protect objectives from its impact

Answer

Risk avoidance eliminates the threat entirely by altering the scope, schedule, or approach so the risk-triggering condition can no longer occur.

Question 4

In federal capture management, compliance risk most often stems from:

Accepted Answer

Failure to meet FAR/DFARS requirements in the proposal

Answer

Non-compliance with FAR and DFARS requirements can disqualify a proposal entirely, making regulatory adherence a top risk category in federal pursuits.

Question 5

What is a 'contingency reserve' in capture cost planning?

Accepted Answer

Budget set aside to handle identified risks if they materialize during performance

Answer

A contingency reserve is specifically linked to known-unknown risks already documented in the risk register, distinguishing it from a management reserve for unforeseen events.

(CMP) Capture Management Professional Certification Practice Test

(CMP) Capture Management Professional Certification Practice Test

CMP CMP Risk Management & Mitigation 2