Project Management Professional PMP · Free Practice Question Medium
Question 21
Marcus is the senior project manager for his university's information technology department. They receive some funding. They would like to use the funding to replace their older servers with a newer model, but only if they can sell their older servers to cover part of the cost. While the newer server would perform much better than all the older ones put together, Marcus is concerned about the risk of only having one server. Ultimately, he decides to upgrade and keep the older servers to have backups if one goes down. Which risk management option does this represent?
- A Avoid
- B Escalate
- C Transfer
- D Mitigate
Reveal correct answer
Correct answer: D
Explanation
Mitigation requires action to reduce the probability or impact of a risk. Escalation occurs when the scope is beyond the project's original parameters, or the required response would exceed the project manager's authority. Avoidance occurs when a team works to eliminate a threat or otherwise protect a project from risk. Transfer entails moving risk to another party, often a neutral third party like an insurer, to negate or minimize the impact of a realized risk.Discussion
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