response to opportunities

Submitted by Fariba on Fri, 05/31/2013 - 00:26

In your project, which of the following strategies would you not use as a response to opportunities?

Choice 1 Exploit

Choice 2 Contingent

Choice 3 Share

Choice 4 Accept

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PMP / CAPM exam Question bank
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sandeshkd

Fri, 05/31/2013 - 08:19

 is it 2?

cnppmp's picture

cnppmp

Fri, 05/31/2013 - 08:27

Accept, you do not have option to respond..the rest you have because you have to plan for the response but the 'accept' in case of threat or opportunity , nothing can be done than accepting..is that correct?

 

Regards

CN Patil

vijayavadrevu

Fri, 05/31/2013 - 09:27

It shoulde be 2

Contingent Response Strategies is a tool in Plan Risk Response process. This strategy is applied only if certain event occurs

The question is referring to Opportunities or positive risks for which the strategies are exploit, enhance, share and accept

Vishwanath

Fri, 05/31/2013 - 09:24

 4

Fariba

Sat, 06/01/2013 - 02:01

 I answered 2 as well. But pmstudy says is 4 because accept is for both positive and negative risks.

I still do not agree with the answer. Please see page 305 of Pmbok.

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cnppmp

Sat, 06/01/2013 - 04:56

It is mentioning about 'NOT', so there nothing you can do as response for eminent risk occuring and you don't have any strategy than to accept it.

Regards

 

CN Patil

Fariba

Sat, 06/01/2013 - 10:54

now I understand. The question is not just asking for four types of positive risk or opportunities.

Thanks again.