PMI Exam PMI-RMP Topic 4 Question 74 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 74
Topic #: 4

A critical piece of equipment broke during a project execution phase. The risk manager notices this risk in the risk register, and the response is to rent equipment until the critical piece is repaired.

What type of risk response is this?

ATransfer

BAccept

CMitigate

DAvoid

Show Suggested Answer

Suggested Answer: A

by Jamal at Apr 09, 2024, 06:18 AM

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Blair

5 days ago

You know, if I were the risk manager, I'd just throw the broken piece out the window and call it a day. That's what I call the 'ostrich' risk response - stick your head in the sand and hope the problem goes away!

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Gregoria

6 days ago

Haha, good one! I bet the project manager is just praying the repair takes less time than finding a new critical piece. That's what we call 'accepting the risk' with a side of wishful thinking.

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Jamal

7 days ago

Hold on, guys. What if the project manager just decides to scrap the whole thing and start over? Wouldn't that be avoiding the risk altogether?

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Princess

11 days ago

I'm not so sure about that. Transferring the risk to a rental company sounds more like a transfer to me. The risk manager is passing the responsibility to someone else.

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Kerry

1 months ago

I disagree, I think the risk response is to mitigate the risk by repairing the critical piece of equipment.

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Jonelle

1 months ago

This seems like a classic case of mitigation. Renting equipment to cover for the broken critical piece is a proactive way to reduce the impact of the risk.

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