PMP (Project Management Professional) · Question
Which risk response strategy involves shifting the impact of a threat to a third party?
Transferring a risk involves shifting the responsibility for its management and the impact of the threat to a third party, often through insurance or contracts.
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Question: Which risk response strategy involves shifting the impact of a threat to a third party?
Answer options:
- Escalate
- Mitigate
- Avoid ✅ Transfer
Correct answer: Transfer
Explanation: Transferring a risk involves shifting the responsibility for its management and the impact of the threat to a third 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?
- Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third
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