PMI-RMP Opportunity Response Strategies 2

Question 1

A project team identifies a chance to deliver early if a key vendor accelerates work, but the vendor's reliability is uncertain. The team partners with a specialized firm to jointly pursue the early-delivery upside. Which opportunity response strategy is this?

Accepted Answer

Share

Answer

Sharing transfers ownership of an opportunity to a third party best able to capture it, often via partnerships or joint ventures.

Question 2

Which opportunity response strategy seeks to ensure the opportunity definitely happens by removing all uncertainty about its occurrence?

Accepted Answer

Exploit

Answer

Exploit aims to make the opportunity's realization certain by eliminating the uncertainty of whether it occurs.

Question 3

A risk owner takes actions to increase the probability and positive impact of an opportunity without guaranteeing it. Which strategy is being applied?

Accepted Answer

Enhance

Answer

Enhance increases the likelihood or impact of an opportunity but does not make it certain.

Question 4

An opportunity falls outside the project manager's authority and would affect program-level objectives. The PM raises it to the program manager. This is which strategy?

Accepted Answer

Escalate

Answer

Escalation moves an opportunity to a higher level of authority when it is beyond the project's scope or the PM's authority.

Question 5

After analysis, a team decides to take no proactive action on a minor opportunity but will pursue it if it arises. This best illustrates which strategy?

Accepted Answer

Accept

Answer

Accept means taking no active steps to pursue the opportunity, acknowledging it without proactive measures.

PMI-RMP Practice Test

PMI-RMP Practice Test

PMI-RMP Opportunity Response Strategies 2