PMI-RMP Threat Response Strategies 5

Question 1

Which threat response strategy is generally the most appropriate for high-probability, high-impact threats that cannot be eliminated?

Accepted Answer

Mitigate or transfer

Answer

Passive acceptance

Answer

Escalate only

Answer

Ignore

Question 2

Adding a clause to a contract requiring the seller to carry liability insurance is an example of:

Accepted Answer

Transfer

Answer

Avoid

Answer

Mitigate

Answer

Accept

Question 3

Which strategy is appropriate when the cost of any proactive response would exceed the potential impact of the threat?

Accepted Answer

Accept

Answer

Avoid

Answer

Transfer

Answer

Mitigate

Question 4

A trigger condition in risk response planning is used to:

Accepted Answer

Signal when a contingency plan should be executed

Answer

Identify new stakeholders

Answer

Calculate EMV

Answer

Close the risk register

Question 5

When a threat is transferred, which element typically remains the responsibility of the project?

Accepted Answer

The risk premium or transfer cost

Answer

All impacts of the risk

Answer

The third party's operations

Answer

Nothing at all

Question 6

Reducing the probability of a threat by improving requirements clarity early in the project is which strategy?

Accepted Answer

Mitigate

Answer

Transfer

Answer

Avoid

Answer

Accept

Question 7

After implementing threat responses, the residual and secondary risks should be:

Accepted Answer

Documented and monitored in the risk register

Answer

Deleted from all logs

Answer

Transferred automatically

Answer

Escalated to the sponsor