The following PMP® exam sample question is taken from the Free PMP Exam Simulator:

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Tim is working on an electronic manufacturing project. In his project he wants to establish a warranty for some of the precision parts he is buying. What risk response strategy is he using?

A) Mitigate
B) Avoid
C) Accept
D) Transfer

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Hint: Tim is shifting the negative impact of the risk.

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Until next time,
Cornelius Fichtner, PMP
President, OSP International LLC - http://www.project-management-prepcast.com