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CAPM Practice: Demonstrate an understanding of project management planning

Question 4 of 100 in Demonstrate an understanding of project management planning

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Fatou Fujimoto is managing a construction project for Northgate Construction. She reviews the risk register and identifies a risk with high probability and high impact that has no response strategy assigned. What should she do?

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Correct answer: Work with the team to develop and document an appropriate risk response strategy

Explanation

High probability and high impact risks require proactive response strategies. The project manager should work with the team to develop appropriate responses (avoid, mitigate, transfer, or accept) and document them in the risk register.

**Why not A:** Waiting until the risk occurs before taking action is reactive risk management. A high-probability, high-impact risk without a response strategy is a significant exposure that requires proactive planning to mitigate potential damage.

**Why not B:** Transferring the risk to the sponsor is not the same as developing a response strategy. The sponsor is not the appropriate risk owner for all risks, and the team should develop an appropriate response (avoid, mitigate, transfer, or accept) based on the risk's characteristics.

**Why not C:** Removing an unaddressed risk from the register would hide a significant project threat. The absence of a response strategy is a gap that needs to be filled, not a reason to remove the risk from documentation and monitoring.

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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