CompTIA Project+ (PK0-005) — Question 79

A critical piece of equipment that is needed for the installation of a point-of-sale solution is delayed from the manufacturer. The delay will cause the project to be significantly behind schedule. The project manager decides to buy the item at a higher cost from another vendor who can supply it immediately. Which of the following risk management approaches has the project manager taken?

Answer options

Correct answer: A

Explanation

The project manager is taking steps to reduce the impact of the risk by purchasing the necessary equipment from another vendor, which aligns with the mitigate strategy. Transferring would involve shifting the risk to another party, accepting means acknowledging the risk without action, and sharing would involve distributing the risk among stakeholders, none of which apply in this scenario.