PMI-RMP Opportunity Response Strategies 3

Question 1

A contractor offers an incentive clause where both parties split any cost savings achieved by finishing early. Which opportunity strategy does this incentive structure represent?

Accepted Answer

Share

Answer

Risk-sharing partnerships and incentive clauses that split benefits are textbook share strategies.

Question 2

To enhance an opportunity to win a follow-on contract, a PM most appropriately would:

Accepted Answer

Add resources early to strengthen the proposal and raise the win probability

Answer

Enhancing targets the drivers of probability or impact, such as strengthening a proposal to raise win likelihood.

Question 3

Which factor MOST strongly indicates that escalation is the correct response to an opportunity?

Accepted Answer

The opportunity affects objectives outside the project's scope

Answer

Escalation is appropriate when the opportunity is outside the project scope or the PM's authority.

Question 4

A passive acceptance approach to an opportunity is characterized by:

Accepted Answer

No action other than documenting it and dealing with it if it occurs

Answer

Passive acceptance involves no proactive action beyond documentation, handling the opportunity only if it materializes.

Question 5

Active acceptance of an opportunity differs from passive acceptance primarily because active acceptance:

Accepted Answer

Establishes a contingency reserve of time, money, or resources

Answer

Active acceptance sets aside a contingency reserve to take advantage of the opportunity if it occurs.

PMI-RMP Practice Test

PMI-RMP Practice Test

PMI-RMP Opportunity Response Strategies 3