Question

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

Answer 1

Answer: The correct answer is B: Train a team member to cover for a potentially unavailable key resource.

Explanation: In a long term project one of the most important aspects to consider are risk response strategies. A risk response strategy is basically the process of creating strategic options, which helps to reduce the threats that may arise in the completion of a project's objectives. A threat in project development is an external risk that mines the consecution of the project's goals or objectives.

In this particular question, the option that illustrates a risk response strategy designed to mitigate a threat is option B: Train a team member to cover for a potentially unavaible key resource. The threat in this case is the potentially unavailable key resource and the risk response is having a team member trained in dealing with this particular threat.