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Question # 49

A project team has completed the risk response plan for a newly identified major project risk. Some team members argue the plan does not totally eliminate the risk, considering the effort required to implement it, and feel the planned response should be thrown out altogether.

What should the risk manager do in this situation?

Options:

A.

Accept the response because there are no secondary risks were identified.

B.

The response plan should be discontinued and the risk should be accepted and dealt with if it occurs.

C.

Accept the residual risk as it is compatible with the organization's risk appetite.

D.

All identified risks must be addressed because they might significantly impact the project if they occur. 

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RMP Overview

Name PMI Risk Management Professional (PMI-RMP)
Code RMP
Vendor Professional
Certification PMI

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