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Free PMP® Exam Sample
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The following PMP® Exam Sample Question is
taken from the Free PMP Exam Simulator:
PMP® Exam Sample Question
On a project, several risk response strategies may be used
to effectively manage project risks. The strategy or mix of
strategies should be determined when planning for risk
responses. Which of the following statements best
describes an Accept risk response strategy for negative
risks or threats?
A.) Adopting less complex processes
B.) Purchasing insurance
C.) Establishing Contingency Reserves
D.) Extending the schedule
A risk acceptance strategy is adopted when it is
impossible to eliminate all threats from a project. One
of the answer choices is performed in the early stages
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The correct answer is C.
The most common risk acceptance
strategy is to establish contingency
reserves, which is normally performed
in the planning phase of a project.
Answer and Explanation: