CAPM Practice: Determine how to follow and execute planned strategies or frameworks
Question 65 of 100 in Determine how to follow and execute planned strategies or frameworks
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Correct answer: Execute the planned risk response by initiating the switch to the cloud-based solution
Explanation
When a risk trigger threshold is met and a planned response strategy exists, the project manager should execute that response as documented in the risk management plan. This demonstrates following and executing the planned risk framework.
**Why not A:** The risk management plan already includes a predetermined response for this specific trigger condition. Escalating to the sponsor would delay action and undermine the purpose of having a pre-planned risk response. The project manager has the authority to execute planned responses.
**Why not C:** The risk trigger threshold (15% budget exceedance) has already been met and exceeded at 18%. Continuing to monitor rather than executing the planned response contradicts the risk management plan. The time for monitoring has passed; it is time to act on the planned response.
**Why not D:** Waiting until the next risk review meeting would cause unnecessary delay when a predefined trigger has been activated. The risk management plan specifies a clear action to take when this threshold is reached. Delaying execution defeats the purpose of having planned response strategies.
Key Concept
This question covers Determine how to follow and execute planned strategies or frameworks under Determine how to follow and execute planned strategies or frameworks (Project Management Fundamentals and Core Concepts).
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