Program Management Professional (PgMP) — Question 121
Your company and a competing company have created a teaming agreement for an opportunity. Through this team agreement you and your competitor can complete a major program for a client. This is, technically, a risk response for both organizations. What type of risk response are you dealing with in this instance?
Answer options
- A. Teaming
- B. Exploiting
- C. Accepting
- D. Sharing
Correct answer: D
Explanation
The correct answer is D, Sharing, because both companies are pooling resources and expertise to manage the risk associated with the project. Option A, Teaming, refers to the collaboration itself but does not define the risk response. Options B and C, Exploiting and Accepting, do not accurately describe the shared approach to risk mitigation in this context.