PMP (Project Management Professional) · Question
Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third party?
Transferring risk means moving the responsibility for the risk and its consequences to another party, often through insurance or contracts.
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Question: Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third party?
Answer options: ✅ Transfer
- Mitigate
- Accept
- Avoid
Correct answer: Transfer
Explanation: Transferring risk means moving the responsibility for the risk and its consequences to another party, often through insurance or contracts.
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Question explanations
- What is the primary output of the 'Direct and Manage Project Work' process?
- Which project management approach emphasizes frequent communication, self-organizing teams, and adapting to ch
- Which of the following is an output of the 'Develop Project Charter' process?
- In an agile project, who is primarily responsible for prioritizing the product backlog?
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