PMI-RMP Threat Response Strategies 3 — Questions and Answers
Question 1: A project schedule has a threat that a key permit may be delayed. The PM removes the dependent scope from the project entirely. This is:
- Mitigate
- Avoid (Correct answer)
- Transfer
- Accept
Correct answer: Avoid
Removing the at-risk scope so the threat can no longer materialize is the Avoid strategy.
Question 2: Passive acceptance of a threat is characterized by:
- Setting a contingency reserve
- Periodic review with no proactive action (Correct answer)
- Buying insurance
- Adding redundancy
Correct answer: Periodic review with no proactive action
Passive acceptance takes no action beyond documenting and periodically reviewing the risk.
Question 3: Which of the following is the BEST example of mitigating a threat's impact rather than its probability?
- Choosing a more reliable supplier
- Adding extra prototyping
- Designing redundancy into a system (Correct answer)
- Improving requirements clarity
Correct answer: Designing redundancy into a system
Building in redundancy reduces the impact if the threat occurs, even though it does not lower probability.
Question 4: An escalated threat, once accepted by the higher-level body, should be:
- Kept in the project risk register and actively managed
- Removed from the project risk register but recorded for awareness (Correct answer)
- Transferred to a vendor
- Mitigated by the project team
Correct answer: Removed from the project risk register but recorded for awareness
After escalation is accepted, the threat is owned at the higher level and removed from the project register, though noted for awareness.
Question 5: Purchasing a performance bond from a contractor to cover potential non-delivery is which strategy?
- Mitigate
- Avoid
- Transfer (Correct answer)
- Accept
Correct answer: Transfer
A performance bond shifts the financial impact of non-delivery to a third party, a form of Transfer.
Question 6: Which strategy typically requires no change to the project management plan?
- Accept (Correct answer)
- Avoid
- Mitigate
- Transfer
Correct answer: Accept
Acceptance does not alter the plan to deal with the threat, unlike avoid, mitigate, or transfer.
Question 7: A secondary risk is BEST defined as:
- A risk of low priority
- A new risk that arises directly from implementing a risk response (Correct answer)
- A residual risk after response
- A risk owned by a third party
Correct answer: A new risk that arises directly from implementing a risk response
A secondary risk is one created as a direct result of implementing a chosen risk response.
PMI-RMP Threat Response Strategies 3
A project schedule has a threat that a key permit may be delayed.
The PM removes the dependent scope from the project entirely.
This is: