Risk Management Question 29

[admin]

All of the following are results of adding to the risk register in the Plan Risk Response process EXCEPT?

a) You are in control of the project as it progresses with few surprises.
b) By managing the plan, you are able to avoid some risks while mitigating the effects of others.
c) The need for workarounds is minimized
d) The need for contingency reserves is minimized

[admin]

The correct answer is D.

As more risks are identified, the amount of contingency reserves set aside to cover those risks will increase, not decrease. However, a project on which thorough risk response planning is done is likely to experience fewer unplanned risk events. Those unplanned events would add more cost to the project than would the reserves for identified risks.

Pass PMP in the First Attempt : PMP Strategy

Revise Risk Management Concepts: Project Risk Management

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