Which of the following activities illustrates a risk response strategy designed to mitigate a threat?
A) adopt a fixed price type contract
B) train a team member to cover for a potentially unavailable key resource
C) change the project plan or scope
D) develop change control procedures

Question

Which of the following activities illustrates a risk response strategy designed to mitigate a threat? 
A) adopt a fixed price type contract 
B) train a team member to cover for a potentially unavailable key resource 
C) change the project plan or scope 
D) develop change control procedures

Quizplus · Accepted Answer

Training a team member to cover for a potentially unavailable key resource is a risk response strategy designed to mitigate the threat of losing that key resource. Adopting a fixed price type contract is a risk response strategy designed to transfer the risk to the seller. Changing the project plan or scope may be a risk response strategy but it is not necessarily to mitigate a specific threat. Developing change control procedures is a risk response strategy designed to address potential changes in scope, but it is not necessarily to mitigate a specific threat.

Which of the Following Activities Illustrates a Risk Response Strategy