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PMI-RMP Exam - Topic 2 Question 49 Discussion

Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG Company to fulfill the order. The NBG Company can guarantee orders within three days, but the costs of their products are significantly more expensive than the current vendor. What type of a response strategy is this?
B) Contingent response strategy
A) Internal risk management strategy
C) External risk response
D) Expert judgment

PMI-RMP Exam - Topic 2 Question 49 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 49
Topic #: 2
[All PMI-RMP Questions]

Mary is the project manager of the HGH Project for her company. She and her project team have agreed that if the vendor is late by more than ten days they will cancel the order and hire the NBG Company to fulfill the order. The NBG Company can guarantee orders within three days, but the costs of their products are significantly more expensive than the current vendor. What type of a response strategy is this?

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Suggested Answer: B

by Deandrea at May 06, 2022, 02:33 AM

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Mona
10 months ago
The NBG Company guarantees orders in three days, that's impressive!
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Carlene
11 months ago
Wait, are they really willing to pay more just for speed?
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Billy
11 months ago
Definitely a contingency plan, they have a backup ready!
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Felice
11 months ago
I disagree, it seems more like an internal risk management approach.
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Alpha
11 months ago
Sounds like a contingent response strategy to me!
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Rossana
11 months ago
I remember a practice question that was similar, and it was definitely about having a backup plan, which sounds like a contingent strategy to me.
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Valda
11 months ago
I'm not entirely sure, but it feels like it could also be an external risk response since they're involving a different company.
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Miriam
11 months ago
I think this might be a contingent response strategy since they have a specific plan if the vendor is late.
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Quentin
11 months ago
I’m torn between B and C. I know it’s about managing risks, but I can't recall the exact definitions right now.
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Antione
12 months ago
Hmm, I think I've seen something about script file size limits before, but I can't quite remember the exact number. I'll have to think this through carefully.
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Herminia
12 months ago
This looks like a straightforward question on estimating project durations. I think the key is to remember the different techniques we've learned, like analogous and parametric estimating.
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Nana
12 months ago
Ah, the Bell-La Padula model, of course! That's the one that focuses on confidentiality and access control for classified data. I remember studying that in detail, so I'm confident that's the right answer.
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