PMI CAPM (Certified Associate in Project Management) Examination Content OutlineRisk Management and ComplianceEasy
A project manager is leading a new product development project. During the risk response planning phase, the team decides to eliminate the cause of a potential schedule delay by assigning an additional, experienced resource to a critical path activity. Which risk response strategy is being applied?
- AAvoid
- BMitigate
- CTransfer
- DAccept
Show answer & explanationAnswer & explanation
Correct answer: A. Avoid
Avoiding a risk involves eliminating the threat entirely. By assigning an additional resource to a critical path activity, the project manager is removing the cause of the potential schedule delay.
Why the other options are wrong
- B. Mitigation reduces the probability or impact of a risk, but does not eliminate it.
- C. Transferring shifts the impact and ownership of a risk to a third party, which is not described in the scenario.
- D. Acceptance involves acknowledging the risk without taking proactive action, which is not the case here.
Risk Avoidance
A risk response strategy that involves eliminating the threat or its cause, thereby removing the risk entirely from the project.
- Eliminates the cause of the risk.
- Often involves changing the project plan.
- Can be the most effective strategy for high-impact threats.
Memory trick: Always Be Careful Tonight: Avoid, Mitigate, Accept, Transfer.