PMP (Project Management Professional) · Question
Which risk response strategy involves acting to reduce the probability or impact of a negative risk event?
Mitigation involves reducing the probability of occurrence or impact of a risk to an acceptable threshold.
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Question: Which risk response strategy involves acting to reduce the probability or impact of a negative risk event?
Answer options:
- Avoid
- Transfer ✅ Mitigate
- Accept
Correct answer: Mitigate
Explanation: Mitigation involves reducing the probability of occurrence or impact of a risk to an acceptable threshold.
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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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