PMI-RMP Implement Risk Responses 4

Question 1

A project team chose to 'avoid' a threat by changing the project plan. During implementation, what is the expected probability of that threat afterward?

Accepted Answer

Reduced to zero or near zero

Answer

Avoidance eliminates the threat by removing the cause, driving its probability to zero or near zero.

Question 2

While implementing a mitigation response, the team realizes the response itself is costlier than the risk's expected impact. What should the risk owner do?

Accepted Answer

Recommend revisiting the response plan with the project manager

Answer

If a response is no longer cost-effective, the risk owner should escalate to revisit and possibly revise the response plan.

Question 3

Which output is primarily produced by the Implement Risk Responses process?

Accepted Answer

Change requests and project document updates

Answer

Implement Risk Responses can generate change requests and updates to project documents such as the risk register and issue log.

Question 4

An 'escalate' response was selected for a risk outside the project's authority. After escalation, who owns the risk?

Accepted Answer

The relevant party at the program or portfolio level

Answer

When a risk is escalated, ownership moves to the appropriate program, portfolio, or organizational level, and it is no longer monitored within the project.

Question 5

During implementation, the issue log is referenced. What relationship does an issue have to a risk?

Accepted Answer

An issue is a risk that has occurred

Answer

An issue is a risk that has already materialized and now requires active management.

PMI-RMP Practice Test

PMI-RMP Practice Test

PMI-RMP Implement Risk Responses 4