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Oliver 175 - 77th Question

jyotimayank
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Oliver 175 - 77th Question

Postby jyotimayank Tue Jan 17, 2017 12:14 pm

Question 77

You identified a technical risk in your project and assigned a contingency for that.

Planning contingency reserves is part of which risk response strategy?

A. Active risk mitigation
B. Passive risk avoidance
C. Passive risk acceptance
D. Active risk acceptance
Jyoti Gupta
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iZenbridge Consultancy Pvt Ltd
catchnithi
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Re: Oliver 175 - 77th Question

Postby catchnithi Tue Apr 04, 2017 2:51 pm

Passive risk acceptance !!
Is right ?.
jyotimayank
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Re: Oliver 175 - 77th Question

Postby jyotimayank Wed Apr 05, 2017 4:39 am

Hi
The correct answer is option D.

Refer to PMBOK® Guide fifth Edition, page 344 (“accept”).

Passive acceptance is a strategy that means no plans are created to try to avoid or mitigate the risk. The team is willing to accept the consequences of the risk should it occur. Acceptance might also mean the project team was unable to come up with an adequate response strategy and must accept the risk and its consequences. Active acceptance include developing contingency reserves to deal with risks incase risk occurs.
Jyoti Gupta
PMP Mentor & Coach

iZenbridge Consultancy Pvt Ltd

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