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You are the project manager for your organization. You have determined that an activity is too dangerous to complete internally so you hire licensed contractor to complete the work. The contractor, however, may not complete the assigned work on time which could cause delays in subsequent work beginning. This is an example of what type of risk event?
Suggested Answer: B
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28 comments · newest first
LO
Louann
11 months ago
Totally agree, transference fits perfectly here!
LE
Leonida
11 months ago
Wait, can a contractor really cause a secondary risk? Sounds weird.
TR
Trina
12 months ago
Pure risk seems off; it's about managing the contractor's delays.
KA
Kassandra
12 months ago
I think it's more of a secondary risk, though.
BR
Brock
1 year ago
This is definitely an example of transference.
VI
Vivienne
1 year ago
I’m leaning towards transference too, but I wonder if it could also be seen as an internal risk since we’re still responsible for the overall project timeline.
MI
Michel
1 year ago
I feel like this situation is more about pure risk because it involves uncertainty with the contractor's performance. But then again, it could also relate to transference.
LO
Lorean
1 year ago
I remember something about secondary risks from our practice questions. If the contractor delays, it could lead to other risks, but I'm not confident that's the main focus here.
RO
Royal
1 year ago
I think this might be an example of transference since we're shifting the risk to a contractor. But I'm not entirely sure if that's the right term.
PE
Peggy
1 year ago
This seems like a pretty straightforward example of transferring risk. The organization is hiring a licensed contractor to do the dangerous work, so they're no longer directly responsible for that risk. I'm confident D is the right answer here.
TE
Terrilyn
1 year ago
I think this is a case of transferring the risk to the contractor. By hiring them to do the dangerous work, the organization is shifting that risk away from their own employees. So I'm going to go with D.
DE
Delsie
1 year ago
Okay, let me see. The contractor may not complete the work on time, which could cause delays in subsequent work. That sounds like a secondary risk to me, where one risk event leads to another. I'll go with B.
JE
Jesusita
1 year ago
This seems like a pretty straightforward risk management question. I'm going to think through the key details and try to identify the type of risk event.
PA
Patti
1 year ago
Hmm, I'm a bit unsure about this one. The fact that the work is being done by a contractor instead of internally makes me think it could be a transfer of risk, but I'm not totally sure.
IZ
Izetta
1 year ago
I've got a good feeling about this one. I think the solution is to export the solution from the default environment and import it into Environment1, so I'll go with option D.
BI
Billye
1 year ago
Okay, let's see. The client needs an approval process for all invoices, so I'll look for features that handle routing, approvals, and any necessary corrections or resubmissions.
DY
Dyan
1 year ago
I'm not entirely sure about this one. I'll need to review my notes on Cisco ISE policies and access control to make sure I understand the concepts before trying to solve this question.
CA
Cammy
3 years ago
Haha, welcome to the world of project management, where the questions are tricky and the answers are never black and white! I think I'm going to go with D) Transference. Even though the contractor's delay is a secondary risk, the initial risk of the dangerous activity was transferred to them. Gotta play it safe on these certification exams, you know?
LO
Lorean
3 years ago
You know, I was stuck between C) Pure risk and D) Transference. Pure risk events are out of your control, and hiring the contractor is a way to transfer that risk. But I guess you could say the contractor's potential delay is a secondary risk. This question is really making my head spin!
NE
Nenita
3 years ago
I'm not so sure about that. I was leaning more towards B) Secondary risk. The delayed work from the contractor could cause issues with subsequent tasks, which seems like a secondary risk event to me. But I can see the argument for transference as well.
IL
Ilda
3 years ago
Great, I'm glad we could come to a consensus. Secondary risk it is!
DA
Daniel
3 years ago
Alright, I'm convinced. I think B) Secondary risk makes the most sense in this situation.
TU
Tu
3 years ago
That's a good point. I think the primary risk is the dangerous activity, and the delay from the contractor is a secondary risk.
MI
Mirta
3 years ago
But wouldn't the primary risk be the dangerous activity itself? In that case, wouldn't this situation be considered a secondary risk?
JO
Johnetta
3 years ago
I agree with B) Secondary risk. It seems like the delayed work from the contractor is causing a secondary risk to the project.
LA
Lakeesha
3 years ago
I see what you're saying, but I still think it's B) Secondary risk. The delay in the contractor's work could definitely impact other tasks.
SE
Selma
3 years ago
I think the correct answer is D) Transference. By hiring the contractor, you are transferring the risk of completing the dangerous activity to them.
DA
Daniel
3 years ago
Hmm, this is a tricky one. I think the correct answer is D) Transference. By hiring the licensed contractor, you're transferring the risk of the dangerous activity to them. If they don't complete the work on time, that's a secondary risk, but the initial risk was transferred from the organization to the contractor.