CAPM Practice: Demonstrate an understanding of project management planning
Question 13 of 100 in Demonstrate an understanding of project management planning
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Correct answer: Implemented the planned risk response during project execution, not just documented it
Explanation
A risk register documents risks AND their planned responses, but the responses must be executed when appropriate. Identifying a backup vendor was the planned response, but it was never acted upon. The purpose of risk planning is to prepare actions that will be taken if risks occur.
**Why not A:** A 40% probability is significant and should not be dismissed. Risks should remain in the register regardless of whether their probability is above or below 50%. Removing risks based on an arbitrary probability threshold leaves the project exposed to known threats.
**Why not B:** Updating the probability to 100% at the time of initial identification is incorrect because the risk had not yet materialized. The 40% probability was an accurate assessment at that time. The failure was in not executing the response, not in the probability estimate.
**Why not C:** Escalating to the sponsor upon initial identification is not necessarily the correct first step. The risk had a documented response plan (identify backup vendor) that should have been implemented during execution. Escalation was not the planned response.
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).
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