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PMI Exam PMI-RMP Topic 9 Question 73 Discussion

Actual exam question for PMI's PMI Risk Management Professional exam
Question #: 73
Topic #: 9
[All PMI Risk Management Professional Questions]

Rob is the project manager of the IDLK Project for his company. This project has a budget of $5,600,000 and is expected to last 18 months. Rob has learned that a new law may affect how the project is allowed to proceed - even though the organization has already invested over $750,000 in the project. What risk response is the most appropriate for this instance?

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Suggested Answer: A

Contribute your Thoughts:

Albina
1 days ago
I agree with Yolando. Mitigation seems like the best option to minimize the impact of the new law.
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Yolando
2 days ago
I think the most appropriate risk response for this instance is C) Mitigation.
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Lashawnda
24 days ago
I don't know, you guys. Transference might not be a bad idea here. If the new law is really that much of a game-changer, maybe it's best to offload the project to someone else who can deal with it more effectively. Just a thought.
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Brittni
25 days ago
Ooh, good point Vinnie. I was also thinking Mitigation, especially since the company has already invested a significant amount. We can't just throw that away with Acceptance, and Transference won't really help us navigate the new legal landscape.
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Vinnie
26 days ago
I'm leaning towards Mitigation on this one. If a new law is going to impact the project, we need to figure out how to adjust and minimize the damage as much as possible. Acceptance or Transference just don't seem strong enough.
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Jules
27 days ago
This question is really tricky! I mean, how do you even prepare for a new law affecting an already-running project? That's some serious curveball stuff right there.
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Sue
5 days ago
I agree, it's important to take action to reduce the negative effects of the new law on the project.
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Louvenia
6 days ago
C) Mitigation
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Elbert
7 days ago
Wouldn't it be better to transfer the risk to another party to deal with the legal implications?
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Maryann
8 days ago
B) Transference
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Nu
9 days ago
Actually, I believe it's best to try and lessen the impact of the new law by implementing risk mitigation strategies.
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Pura
10 days ago
C) Mitigation
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Lavina
11 days ago
I think in this case, Rob should just accept the risk and continue with the project.
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Tennie
12 days ago
A) Acceptance
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