Risk management question

Exclusive Forum for students to discuss PMP® queries and queries related to iZenBridge questions
costasz
Beginner
Beginner
Posts: 29
Joined: Mon Jan 23, 2017 12:32 pm

Risk management question

Thu Dec 31, 2020 4:16 pm

You were in the middle of a two-year project to deploy new technology to field offices across the country. A hurricane caused power outages just when the upgrade was near completion. When the power was restored, all of the project reports and historical data were lost with no way of retrieving them. What should have been done to mitigate this risk?
A. Purchase insurance.
B. Plan for a reserve fund.
C. Monitor the weather and have a contingency plan.
D. Schedule the installation outside of the hurricane season.

Based on the assumption that the best option should be to avoid the risk, I chose the answer D. However the given answer is C.
Do you agree?
manishpn
Expert
Expert
Posts: 3005
Joined: Sat Jan 04, 2014 3:55 pm

Re: Risk management question

Sun Jan 10, 2021 3:18 am

costasz wrote:
Thu Dec 31, 2020 4:16 pm
You were in the middle of a two-year project to deploy new technology to field offices across the country. A hurricane caused power outages just when the upgrade was near completion. When the power was restored, all of the project reports and historical data were lost with no way of retrieving them. What should have been done to mitigate this risk?
A. Purchase insurance.
B. Plan for a reserve fund.
C. Monitor the weather and have a contingency plan.
D. Schedule the installation outside of the hurricane season.

Based on the assumption that the best option should be to avoid the risk, I chose the answer D. However the given answer is C.
Do you agree?
If the Risk is manageable it should not be avoided, the option #D means avoiding the risk and there is no such mention in the question which indicates the risk should be avoided.
Also if nature related risks if project starts avoiding all the time the schedule will be delayed for no reason. so best option it to plan for the risk which is #C
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

Return to “PMP® Exam Prep Questions”

Who is online

Users browsing this forum: No registered users and 6 guests