CAPM Practice: Determine how to follow and execute planned strategies or frameworks
Question 54 of 100 in Determine how to follow and execute planned strategies or frameworks
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Correct answer: Contact the backup vendor immediately to execute the planned risk response
Explanation
When a planned risk response is triggered, the project manager should execute the response as documented in the risk management plan. The backup vendor strategy was pre-approved for this scenario.
**Why not B:** Negotiating with the original supplier introduces delay and deviates from the pre-approved risk response plan. The plan specifically identified a backup vendor for this scenario. Attempting to negotiate first wastes time and undermines the purpose of having a documented response strategy.
**Why not C:** Requesting additional budget to cover both vendors is unnecessary and not part of the planned response. The risk response plan already accounted for this scenario with the backup vendor. Engaging both vendors would be wasteful and was not the approved approach.
**Why not D:** While updating the risk register is appropriate, it is not the primary action. The immediate priority is to execute the planned response (activating the backup vendor) to minimize project impact. Updating documentation is a secondary administrative task.
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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