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BICSI RCDDv14.1 Exam - Topic 4 Question 67 Discussion

An unforeseen geopolitical risk impacts a program to establish a company's operations abroad. Stakeholders now want to establish a risk response team to define a mitigation plan. Ultimately what appeared to be a significant risk resulted in a negligible risk.What should the program manager recommend to stakeholders for future similar situations?
A) Accept the risk
B) Seek an expert opinion
C) Establish an on-call risk response team
D) Review the risk severity matrix

BICSI RCDDv14.1 Exam - Topic 4 Question 67 Discussion

Actual exam question for BICSI's RCDDv14.1 exam
Question #: 67
Topic #: 4
[All RCDDv14.1 Questions]

An unforeseen geopolitical risk impacts a program to establish a company's operations abroad. Stakeholders now want to establish a risk response team to define a mitigation plan. Ultimately what appeared to be a significant risk resulted in a negligible risk.

What should the program manager recommend to stakeholders for future similar situations?

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Suggested Answer: A

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Magdalene
3 days ago
I agree, but establishing an on-call risk response team could be more proactive.
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Soledad
8 days ago
I think seeking an expert opinion is crucial.
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Lorrie
14 days ago
D) Review the risk severity matrix makes sense. Understanding risks better helps future planning.
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Rebeca
19 days ago
A) Accept the risk seems risky. We need to be proactive, not reactive.
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Brynn
24 days ago
I prefer C) Establish an on-call risk response team. Quick responses are crucial.
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Izetta
29 days ago
I think B) Seek an expert opinion is best. Experts can provide insights.
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Natalie
1 month ago
D makes sense. Reviewing the matrix helps understand severity better.
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Martina
1 month ago
A could work too. Sometimes you just have to accept it.
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Galen
1 month ago
I prefer C. An on-call team can respond quickly next time.
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Georgene
2 months ago
I think B is a good choice. Expert opinions can clarify risks.
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Major
2 months ago
D) Review the risk severity matrix sounds smart. We need to learn from this!
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Marjory
2 months ago
A) Accept the risk could work, but only if we have a solid plan in place.
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Van
4 months ago
Wait, how did they misjudge the risk so badly? Seems fishy to me.
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Rebbecca
4 months ago
I think C) Establish an on-call risk response team is the way to go. Better safe than sorry!
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Hui
4 months ago
Definitely B) Seek an expert opinion. Can't hurt to get a second opinion!
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Bev
4 months ago
D) Review the risk severity matrix is a must. Can't overlook the basics!
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Emmett
4 months ago
Totally agree with A) Accept the risk. Sometimes you just have to roll with it.
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Carissa
4 months ago
Wait, how did they misjudge the risk so badly? Sounds fishy.
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Josphine
5 months ago
I think C) Establish an on-call risk response team makes sense. Better to be prepared!
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Marvel
5 months ago
Definitely B) Seek an expert opinion. Always good to have insights!
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Edda
5 months ago
I'm a bit torn between accepting the risk and establishing a risk response team. It seems like both could be valid depending on the context.
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Ronna
5 months ago
I feel like reviewing the risk severity matrix could provide valuable insights for future risks. It might help in understanding how to categorize them better.
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Wei
5 months ago
I think we practiced a question similar to this, and I leaned towards seeking expert opinions. It could help clarify the situation better.
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Cyndy
5 months ago
I remember discussing the importance of having a risk response team in our last class. It seems like a good idea, but I'm not sure if it's the best option here.
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