CAPMHard
CAPM Practice: Demonstrate an understanding of project management planning
Sergei Bose is managing a product development project at Circuitry Labs. A risk has been identified: 'Key supplier may not deliver components on time.' The risk register shows this has high probability and high impact. The team decides to contract with a backup supplier at additional cost. What risk response strategy is being used?
Key Concept
This question covers Demonstrate an understanding of project management planning under Demonstrate an understanding of project management planning (Project Management Fundamentals and Core Concepts).
All 1,500+ CAPM questions are free
Sign up to track your progress, see detailed analytics, and get personalized study recommendations.
Sign Up Free